The state auditor’s office works to ensure that state agencies are spending $43 billion in annual taxpayer funding appropriately. Auditor Beth Wood explained how during a presentation Monday to the John Locke Foundation’s Shaftesbury Society.
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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.