News
$5 billion in bets in NC’s 1st year of legal online sports betting
Millions of dollars in tax revenue have been generated during the first year of legalized online sports betting.
Podcast
Budget expert rebuts estimate of $1 billion future N.C. shortfall
From Carolina Journal Radio Program No. 740: The General Assembly’s budget staff estimates that North Carolina could face a $1 billion gap between revenue and expenses in future years. Democrats and their ideological allies have pointed to the estimate to support their complaints about recent state tax cuts. Republicans have responded that the estimates are...
News
N.C.’s bottom line in pretty good shape, says budget officers’ report
North Carolina’s fiscal policy is relatively strong when compared to much of the country. A 2017 survey by the National Association of State Budget Officers found state governments have collected less revenue than expected after tax season. North Carolina, though, has done pretty well. NASBO says governors are recommending spending increases averaging 1 percent in fiscal 2018 compared to the levels budgeted...
