budget
North Carolina Should Reclaim the NCInnovation Endowment
The Senate should reclaim the taxpayer-funded NCInnovation endowment and transfer the money to the Savings Reserve Taxpayer dollars should fund core public responsibilities, provide tax relief, or remain in…
School Funding Sleight of Hand
"Voters in local school levy elections aren't really deciding whether schools get 'fully funded'; they're deciding whether to authorize spending above the state-guaranteed level." The following…
What Senate Bill 889 would do
Property tax reform has drawn significant attention in North Carolina in the lead-up to the short session and remains a central issue as policymakers respond to concerns about rising tax bills across the state. Those concerns…
North Carolina’s Medicaid expansion financing gap that no one is talking about
Provider taxes are levied on hospitals’ net patient revenues and used to fund the state’s 10 percent share of Medicaid expansion costs, helping draw down federal matching funds that support the program. A provision in last…
Property tax levy limits aren’t budget cuts
At a time when property tax bills are rising across North Carolina, policymakers have proposed a constitutional amendment to limit how quickly those taxes can grow. However, critics warn that such limits could reduce…
The Real Growth of State Government
"The ACFR Net Position data leaves no doubt that the state government is bigger, financially, than ever before. That government growth is real, and much larger than .7% budget growth the Biennial Comparison report of…
More Property Tax Relief Needed
"Senator Galt's BI-11 would be a step forward for addressing local government property taxes, but more reforms are needed in the long run to dramatically reduce Montanans’ property tax burden"...…
Is North Carolina addicted to federal funds?
Last summer, I argued that North Carolina’s growing dependence on federal funding posed a long-term fiscal risk to the state — one that would only become clearer as Washington continued its debt spiral. Unfortunately, that…
New revenue projection shows surplus, revenue triggers prompting tax cuts likely to be met
Yesterday the Fiscal Research Division, along with the state budget office, released its updated revenue projections for the remainder of the current fiscal year and next year. Revenue projections are important because they…
NH ranks first in taxpayer ROI for 11th straight year
New Hampshire ranked No. 1 in taxpayer return on investment (ROI) for the 11th year in a row, according to financial services website WalletHub. “New Hampshire is the state with the best taxpayer return on investment, which…
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