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Revenues slow, surplus remains

The big April boost in government revenues has been followed by a more normal May in a pattern that looks similar to what the state experienced in FY2015-16, according to the latest numbers from the Office of the State Controller. The surplus will likely not be as large as the most optimistic projects in January, but should remain above $1 billion for the year, even if revenues continue to track down.

Joseph Coletti / Senior Fellow

Joe Coletti is a senior fellow at the John Locke Foundation focused on fiscal policy issues. He previously headed the North Carolina Government Efficiency and Reform initiativ...

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