Your current location:HOME >politics >North Carolina sees slight surplus this year, $1B more next year 正文
TIME:2024-05-22 02:33:45 Source: Internet compilationEdit:politics
RALEIGH, N.C. (AP) — North Carolina’s government should collect higher revenues during this fiscal y
RALEIGH, N.C. (AP) — North Carolina’s government should collect higher revenues during this fiscal year and next than what is projected in the current two-year state budget, according to a new forecast released Wednesday.
Economists for the General Assembly and Gov. Roy Cooper’s state budget office now predict collections will exceed revenue budgeted for the year ending June 30 by $413 million, or a 1.2% increase. And state coffers will bring in $1 billion more in the fiscal year starting July 1 than what was anticipated, or a 3% increase.
The budget law enacted by the Republican-controlled General Assembly had planned for a slight decline in revenue from this fiscal year to the next, in part due to tax cuts.
A legislative staff economist’s email to lawmakers attributes the upgrade to stronger than anticipated individual income tax collections and modestly higher sales tax collections. The memo cites low unemployment, wage growth, additional consumer spending and rising prices.
IF starring Ryan Reynolds lands at the top of a lackluster box office with less2024-05-22 01:51
Spinning Top Competition Held to Celebrate Upcoming Int'l Women's Day in S China's Guangxi2024-05-22 01:50
Tibetan New Year Marked with Joy and Hope2024-05-22 01:49
People Greet Longtaitou Day Across China2024-05-22 01:25
Minnesota Uber and Lyft driver pay package beats deadline to win approval in Legislature2024-05-22 00:44
China Improves Service Capacity of Rural, Community2024-05-22 00:29
Mask Mandate Dropped for School Campuses2024-05-22 00:19
Chinese EV makers gaining traction in Dutch market: ING economist2024-05-22 00:14
Independent UN experts urge Yemen’s Houthis to free detained Baha'i followers2024-05-22 00:13
Country Fairs Become New Attractions for Young City Dwellers2024-05-22 00:09
Seven sneaky clauses in estate agent contracts that can cost you dear2024-05-22 02:20
Diversified Markets Heat up China's Nighttime Economy2024-05-22 01:57
Various Folk Cultural Activities Held to Celebrate Lantern Festival in China2024-05-22 01:43
More Women Elected to Sit as NPC Deputies2024-05-22 01:40
Cannes 2024: Studio Ghibli takes a bow with an honorary Palme d'Or2024-05-22 00:34
China's 10th National Public Ice and Snow Season launched2024-05-22 00:34
County Further Promotes Women's Employment and Income2024-05-21 23:59
China's Quality Medical Resources Now More Evenly Distributed: NHC2024-05-21 23:51
Kylie Jenner displays her VERY edgy fashion sense in cleavage2024-05-21 23:49
Organizations Promote Construction of 'Child2024-05-21 23:48