RALEIGH — North Carolina officials downgraded a projected state revenue surplus through mid-2025 by $430 million on Friday, citing lower than anticipated April 15 individual income tax payments due to recent business tax changes. Still, […]
RALEIGH — North Carolina’s government should collect higher revenues during this fiscal year and next than what is projected in the current two-year state budget, according to a new forecast released Wednesday. Economists for the […]
RALEIGH — The non-partisan fiscal research division of the General Assembly released a revised revenue forecast last week projecting state tax collections would exceed predictions by $277 million over the next two budget years. In […]
RALEIGH — Taxpayers in N.C. will soon learn whether they will receive an unprecedented tax rebate from the state’s coffers. Senate leader Phil Berger (R-Eden) has floated the prospect of returning a portion of the […]
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