John Locke Foundation President John Hood and Bob Orr of the N.C. Institute for Constitutional Law discuss the N.C. Court of Appeals’ recent ruling that the governor cannot take money from the Highway Trust Fund to pay the state’s nonhighway bills. This exchange took place during the October 11, 2009, 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.