debt service

As the 2020 election season gathers momentum, North Carolina’s tax reforms and demands for higher spending on any number of government programs will be front and center. One example is a…

The state budget battle has entered extra innings. Gov. Cooper signed and vetoed another batch of mini budgets, the ninth round of budget-related legislation since his first budget veto on…

In this research update, I take a closer look at revenues and expenditures in North Carolina over the past 20 years. I use actual collections and expenditures from the…

Policymakers around the country look to North Carolina’s fiscal example to guide their quests for lower taxes. Restrained spending has made it possible for state government to tax less and…

Everybody wants a piece of North Carolina’s statutory debt limit. For the third consecutive year, the Debt Affordability Study recommends increasing the debt limit to 4.5 percent of General Fund…

RALEIGH — After saddling county taxpayers with a mountain of debt, Cabarrus County commissioners want those same taxpayers to bail county government out of its problems. That’s how a new…

Commissioners of debt-ridden Cabarrus County want taxpayers to bail them out by approving a quarter-cent sales tax increase on May 17. If the voters do not approve the tax increase, commissioners threaten to hit them with a 2.2-cent property tax increase.