Category Archives: Local government

New Carolina Journal Online features

Kari Travis reports for Carolina Journal Online on the latest developments in Raleigh’s debate about limiting restaurants’ outdoor seating options. The Daily Journal explains how a flat tax can become more progressive.

Mayor of Charlotte weighs in on the new Sales Tax distribution proposal

That is exactly the question former Senator and current Mayor of Charlotte Dan Clodfelter answered in an opinion piece he had published in the Charlotte Observer today.  He brings up a lot of very good points, and basically calls out the Senate leadership for proposing a plan for income distribution.  What do you think?  HisContinue Reading

Sales Tax Deja Vu

The June 10th meeting of the Senate Commerce Committee was a packed room waiting to witness a bill transformation that surprised no one familiar with budget season. The entire session was a presentation of additional elements that took House Bill 117, the NC Competes Act, from a modest 7-page JDIG incentives bill and turned itContinue Reading

New Carolina Journal Online features

Barry Smith reports for Carolina Journal Online on recent developments in the fight over North Carolina’s attempt to set rules for municipal broadband service. Becki Gray’s Daily Journal explains why it makes sense for N.C. lawmakers to freeze and study the state’s renewable energy mandate.

NC Senate’s economic development and new tax plans

Today the Senate Commerce Committee met to discus economic development.  Also discussed during the meeting was part of the Senate’s long awaited tax plan.  Here is the entire press release from today: Raleigh, N.C. – Senate Republicans proposed a comprehensive economic development solution Wednesday that provides balanced tax relief to North Carolina families and businesses,Continue Reading

Bonds do raise your taxes!

New Hanover county is debating its budget for the 2015-16 fiscal year, and there is a property tax increase in the proposal.  In the article, the county manager is quoted saying the reason for the tax increase is to pay for the bonds approved by voters in 2006 and 2008.  I bet once those bondsContinue Reading

New accounting rules will require states and local governments to fully fund their obligations

Government has a set of accounting standards they must abide by when reporting their financials.  These rules are managed by the Governmental Accounting Standards Board (GASB).  In 2012 GASB created a new rule requiring state and local government’s to disclose their pension and other unfunded obligations in their financial statements.  The aftermath of being requiredContinue Reading

New Carolina Journal Online features

Kari Travis reports for Carolina Journal Online on Raleigh’s consideration of new restrictions involving outdoor drinking and dining. Katherine Restrepo’s Daily Journal examines 26 percent average premium increases projected for N.C. Obamacare health insurance plans.