RALEIGH A joint forecast from the non-partisan Fiscal Research division of the N.C. General Assembly and the State Office of Budget and Management predicts a $552 million revenue surplus over expected budget expenses.Senate leader Phil Berger credited the Republican leadership for the fiscal results.”Even as the majority of other states face revenue shortfalls and budget crunches, Republican state leaders’ tax cuts and disciplined spending have generated a $552 million revenue surplus for North Carolina making us one of just four states in the country expecting surpluses,” said Berger in a statement. “We hope Gov. Cooper will rethink his pledge to block job-creating future tax cuts for families and small businesses and instead partner with legislative Republicans to stay the course on spending taxpayer money wisely and continuing our state’s record of success.”Gov. Roy Cooper applauded the budget news and encouraged dedicating funds to top legislative priorities like education and added disaster relief. The legislature begins budget considerations next week.
RALEIGH Gov. Roy Cooper announced Monday that he is appointing Charlie Perusse to the position of state budget director.Perusse previously served as budget director for former Democratic Governor Beverly Perdue, as deputy,or acting director […]
RALEIGH Margaret Spellings, the president of the University of North Carolina system, will give the NC State fall commencement speech at PNC Arena on Friday. Spellings became UNC system president on March 1. She […]
RALEIGH Gov. Roy Cooper was dealt another setback Thursday in his ongoing power struggle with the N.C. legislature.On Thursday, a three-judge Superior Court panel denied Cooper’s request to stay creation of a state elections […]