News
NC Senate bill would limit Rocky Mount use of utility revenue
Raleigh lawmakers target Rocky Mount’s electric fund transfers amid audit fallout and concerns over utility rates and city financial management.
News
Rocky Mount reports progress on financial recovery efforts
LGC officials received an update from Rocky Mount officials on the city’s progress in gaining better control of its finances.
Opinion
Voters likely to approve tax limitation
Statewide levy limits aren’t new or weird. They’ve worked reasonably well in other places for decades. I strongly suspect they’ll work well in North Carolina, too.
News
Republican NC senators revive push for zero-based budgeting
Lawmakers propose requiring agencies to justify all spending under zero-based budgeting system.
News
NC House files constitutional amendment limiting property tax revenue growth
Lawmakers advance proposal to cap growth in local property tax revenues through voter-approved levy limit amendment.
News
NC House committee backs property tax limit amendment
Lawmakers advance constitutional amendment for levy limits, aiming to curb property tax growth and reshape how North Carolina restricts local revenue.
News
Stein data center tax plan draws attention from lawmakers
Lawmakers raise bipartisan concerns over Stein’s data center tax proposal, citing unclear data, economic risks, and questions about process and timing.
Opinion
State isn’t prepared for bad times
NC has about 53 days worth of state spending in the bank — well below the national median of 92 days.
News
Massachusetts study points to NC tax policy as model of success
A Pioneer Institute research brief finds that North Carolina's decade of tax reforms — including a flat income tax and corporate tax phase-out — has outpaced Massachusetts in job creation and business formation, even as the Bay State's high-tax model has driven an exodus of residents and employers.
Opinion
The solar tax break NC should reconsider
Only solar energy systems receive a substantial property tax abatement, while other forms of energy production do not. A sound tax system should strive for neutrality, not selective advantage.
News
LGC delays Rocky Mount takeover, sets conditions for city
Local Government Commission (LGC) officials on Wednesday agreed to postpone a potential state takeover of Rocky Mount’s finances, contingent on the city complying with specific requirements.
Opinion
Federalist No. 13: Advantage of Union in respect to economy in government
Nothing can be more evident than that the thirteen States will be able to support a national government better than one half, or one third, or any number less than the whole.
