Rick Henderson, Carolina Journal managing editor, discusses the resolution of a controversy surrounding new fundraising committees for N.C. legislative elections. Henderson offered these comments during an interview with Donna Martinez for Carolina Journal Radio (Program No. 647).
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Tax revenue revised down, slightly, still forecasting ~$1 billion surplus
The Office of State Budget and Management (OSBM), along with the Fiscal Research Division of the NC General Assembly, announced Friday downward revisions to their consensus tax revenue forecast for the biennium. The adjustments, representing a less than 1% change, were due to lower than anticipated processed tax filing revenues following the April 15 tax deadline.