tax revenue

Wake County is one of 11 counties this year that is reappraising commercial and residential property values. It appears to be the first of those counties to have revaluations posted…

Back in October, General Fund revenues were $50.4 million behind projections, not much when the state expects to collect $23.1 billion for the year. Despite the relatively small difference, the…

State senators are still working on their budget bill this week, and it may take until the week of May 15 for them to make it public and vote on…

Between FY 2009 and FY 2014, 81 out of North Carolina’s 100 counties participated in economic development activities. Counties entered into 776 contracts worth nearly $284 million in incentives over the five-year period. Actual payments, however, totaled $144 million.

The John Locke Foundation is continuing its tradition, started in 1995, of offering an alternative to the governor’s budget recommendation. Consistent with prior years, this JLF budget focuses on core government. This budget spends less in both years of the biennium than the governor’s, and only increases spending by 2 percent from the last fiscal year.