Budgets (page 2)

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    July revenue report adds to uncertainty

    The full picture for 2019 income taxes is now available, but it does not provide much clarity about the revenue picture for the rest of FY2020-21. The latest General Fund Monthly Report from the Office of the State Controller includes the final income tax payments delayed from April. Personal…
    Joseph Coletti, September 10, 2020
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    Cato expert questions narrative about lost school revenue

    Chris Edwards of the Cato Institute responds to a popular narrative about federal aid. As Congress debates another federal aid package, media stories are portraying state-local governments as facing financial Armageddon. New second quarter data from the BEA shows that is a false narrative. Total state-local tax revenues fell…
    Mitch Kokai, September 3, 2020
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    New Carolina Journal Online features

    Julie Havlak reports for Carolina Journal about the impact of a state law that eliminates budget ultimatums. John Hood’s Daily Journal argues that previous N.C. governors budgeted more carefully than current Gov. Roy Cooper.
    Mitch Kokai, August 31, 2020
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    Cooper’s Budget: Late and Underbaked

    Dem. Gov. Roy Cooper released his budget proposal on Wednesday, August 26. Not only was his budget proposal abbreviated, but it wasn’t even on time. JLF’s Dr. Terry Stoops writes: We teach our children to submit their work complete and on time. Yesterday, Gov. Cooper released what he called a “streamlined…
    Brenee Goforth, August 28, 2020
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    New Carolina Journal Online features

    Lindsay Marchello reports for Carolina Journal Online that Gov. Roy Cooper’s budget would slash funding for school vouchers to fund his own education wish list. Amy Cooke’s Daily Journal highlights African-American men who explain the difference between black lives matter and Black Lives Matter.
    Mitch Kokai, August 28, 2020
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    Here is What’s Going on With N.C.’s Budget

    The state General Assembly comes back in session on September 2. One of the most important things on the docket is to draft a budget for the upcoming years as well as appropriate the remaining monies from the $4 billion awarded to the state in Coronavirus Relief Funds. JLF’s Joe…
    Brenee Goforth, August 27, 2020
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    New Carolina Journal Online features

    Julie Havlak reports for Carolina Journal Online that Republican legislators label Gov. Roy Cooper’s new budget proposal “spend now, pray later.” John Trump’s Daily Journal calls Cooper’s approach to COVID-19 “inconsistent, clumsy, hurtful.”…
    Mitch Kokai, August 27, 2020