John Locke Foundation President John Hood answers host Tom Campbell’s question about changes in North Carolina state government’s transportation funding formula. This exchange took place during the Dec. 1, 2013, 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.