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JLF President Documents State-Level Budget Crises for National Affairs

RALEIGH — This is a “year of reckoning” for American states and American federalism, as governments across the United States scramble to cope with “gaping holes” in their budgets. John Locke Foundation President John Hood reaches that conclusion in an article for the Winter 2011 issue of National Affairs.

CJ Staff
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Market Crash Pinches N.C. Pension for Teachers and State Employees

RALEIGH — North Carolina has been among a handful of states to fund its pension program fully for public school teachers and state workers in recent years, but it will have to pay millions more this year and for years to come because of the recession and the downturn in financial markets.

Sarah Okeson
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Audit Examines NC Energy Office

RALEIGH — A major source of funding for the State Energy Office, which is responsible for promoting energy efficiency and alternative fuels, will disappear next year if the General Assembly continues allocations at the present levels, the State Auditor’s Office said in an audit released Friday. Auditors said that the legislation which created the office had not undergone a major revision since 1975 and that it may no longer reflect the state’s energy landscape or needs. They also recommended that the office do a better job of maintaining centralized files for each grant project and monitoring projects that it finances.

CJ Staff

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North Carolina’s State of Disrepair

RALEIGH — Because the state’s Repairs and Renovation Reserve has been drastically underfunded for at least three years, universities and other state institutions are patching their buildings with operating funds — or in some instances, are closing buildings. In Raleigh, even the State Capitol building proved no match for neglect. Plaster in its dome, soaked by rainwater that leaked inside, cracked and fell into interior walkways. Critics of North Carolina’s political leadership say the problem stems from a misplacement of priorities rather than from a lack of money.

Paul Chesser