Lee Roberts, outgoing director of the N.C. Office of State Budget and Management, assesses North Carolina’s fiscal picture for the 2016 calendar year. Roberts offered these comments during an interview for Carolina Journal Radio (Program No. 662).
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.