John Locke Foundation President John Hood answers host Tom Campbell’s question about teacher pay provisions in the 2014-15 N.C. state budget. This exchange took place during the June 22, 2014, episode of N.C. Spin.
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State forecasts $1.4 billion budget surplus
The North Carolina General Assembly's Fiscal Research Division projects that while inflation and interest rates are still up, the state will have $400 million over in collections in the current fiscal year and $1 billion additional revenue coming into the state coffers in FY 2024-25.