Michael Lowrey, John Locke Foundation economic and regulatory policy analyst, discusses highlights from By The Numbers: What Government Costs in North Carolina Cities and Counties FY2011.
JLF’s Michael Lowrey discusses the latest By The Numbers tax-and-fee report
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Opinion
Give it back
Last week the non-partisan Fiscal Research Division of the North Carolina General Assembly forecast yet another $1 billion+ surplus in anticipated tax revenues for the 2024–2025 fiscal year. That’s on top of the $400+ million in surplus collections for the 2023-2024 fiscal year. The news, the latest in a decade-long run of tax revenue surpluses,...
Jeff Moore
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CATS gold line streetcar beset with financial woes, federal data reveals
A federal report finds that the cost incurred to move a single passenger one mile is $18.71 on the Charlotte’s Gold Line streetcar. This comes in addition to logistical problems faced by CATS Gold Line rail over the past three years.
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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.
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NC No.4 in ALEC’s Economic Outlook Rankings
The 17th edition of the annual rankings placed the Tar Heel State as having the fourth best economic outlook among the 50 states, after turning in the eleventh ranked economic performance.
CJ Staff