1. Dec
    17

    State Revenues Continue Below Projections

    Posted in Budget, Taxes, and Debt By Brian Balfour | Tagged ,

    The state General Assembly’s Fiscal Research Division yesterday presented an update on North Carolina’s General Fund revenue. The results? FRD can report that through November, General Fund revenues are running $110 million below a $7.4 billion forecast target. – Collections have not rebounded from the lows established this summer. Economy-based tax collections reached their largest [...]