Mitch Kokai, John Locke Foundation communications director, discusses the possible impact of Senate Majority Leader Tony Rand’s pending resignation from the N.C. General Assembly. Kokai offered these comments to News 14 Carolina for a Nov. 5, 2009, report.
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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.