• Research Report

    North Carolina Budget FY 2015 – 17

    posted September 21, 2015 by Sarah Curry
    For fiscal year 2015-16, the General Fund budget will rise 3.1 percent to $21.7 billion, below the combined rates of population growth and inflation. The following year, the budget will have an overall increase of less than one-percent.
  • Research Report

    By The Numbers: What Government Costs in North Carolina Cities and Counties FY 2012

    posted June 22, 2014 by Michael Lowrey
    The economic recession that hit full force in 2008 was declared officially over in June 2009 when the country experienced two quarters of very slow growth. But a troubled housing sector and a still-sluggish economy with high unemployment have contributed to the fiscal crises facing many cities and counties in North Carolina. As always, this edition of By the Numbers is must reading for government officials and taxpayers alike. It highlights what kinds of fiscal problems face local governments in an economy that grows only very slowly. With the facts given here, county commissioners and city council members can easily compare their area’s tax burden to similarly situated cities or counties. For taxpayers, BTN is a starting point for questions about taxes and spending, enabling them to hold their elected and appointed officials accountable.
  • Research Report

    City and County Budget Crises: When in a hole, first stop digging

    posted March 3, 2009 by Joseph Coletti, Dr. Michael Sanera
    This report documents the change in locally generated revenues of 98 North Carolina counties* and the 30 largest N.C. cities between 2002 and 2007. Locally generated revenues increased faster than population and inflation in 96 of 98 counties and 24 of 30 cities. In Union County, revenue increased 48 percent faster than population and inflation over five years. For that reason, many counties and cities are having financial difficulties because they have spent taxpayer revenues on unnecessary or low-priority projects.
  • Research Report

    Debt is Debt: Taxpayers on hook for TIFs despite rhetoric

    posted November 18, 2007 by Joseph Coletti
    Tax increment financing (TIF) hides the diversion of funds from government services that is inherent in borrowing. It still puts taxpayers at risk for repayment and is more expensive than general obligation bonds or certificates of participation (COPs).

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