Sarah Curry

Posts by Sarah Curry (page 4)

  • NC one of three states to pass a budget last week

    If you thought North Carolina was alone when it came to tardy budgets, think again. North Carolina joined Alabama and New Hampshire in passing a budget late last week. Now there are only two states left in the country without a budget, Illinois and Pennsylvania. There are some similarities between…
    Sarah Curry, September 21, 2015
  • Tax Foundation comments on NC’s tax changes in state budget

    The Tax Foundation, a Washington D.C. based non-partisan think tank, has commented on the tax changes found in North Carolina’s state budget that has been sent to the Governor’s desk and is awaiting his signature. Here is their summary of the tax changes and economic development items in…
    Sarah Curry, September 18, 2015
  • Corporate Tax won’t go to 3%, according to revenue estimates and new trigger

    Yesterday while reading through the budget, my colleague and I ran across some interesting language in the latest version of the state’s two-year spending plan.  Lawmakers are claiming that the corporate income tax will be lowered to 3%, but that isn’t necessarily the case.  Below are some excerpts from a…
    Sarah Curry, September 16, 2015
  • Senate approves budget

    Yesterday the senate passed, by a party lines vote of 33-16, the state’s two-year spending plan after over an hour of debate.  The Senate will make their third and final vote on the budget today and the House is scheduled to take it’s final vote on Friday.  The $21.7 billion…
    Sarah Curry, September 16, 2015
  • Historic Preservation Tax Credits are here to stay

    A press release by the NC House this afternoon, This week, the North Carolina House and Senate unveiled a $21.735 billion state budget compromise. The budget, which funds government functions for FY 2015-2016 and FY 2016-2017, restores the Historic Preservation Tax Credit for all of North Carolina.    …
    Sarah Curry, September 15, 2015
  • Almost $200M for non-highway expenditures

    NC lawmakers changed the gas tax so they would collect more revenue in upcoming years and eventually charge more at the pump.  Under the category of ‘Intermodal Divisions’ the state budget spends $191.4 million in the first year and $186.9 million in the second in this division.  What exactly is…
    Sarah Curry, September 15, 2015
  • Where our Gas Tax goes….

    Here is the data from the most recent NC State Budget for Transportation  …
    Sarah Curry, September 15, 2015
  • Where does the Lottery Money go?

    Sarah Curry, September 15, 2015