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JLF's Sarah Curry recommends a 'reverse logrolling' approach to the N.C. budget
Showing items 101 to 125 of 207
The Hoke County commissioners are asking voters to approve a 200 percent increase in the real estate transfer tax on November 6. But the county has about $12.4 million over and above its base budget to meet its needs.
The Johnston County commissioners are asking voters to approve a quarter-cent sales tax increase and a 200 percent increase in the real estate transfer tax on November 6. But the county has about $43.1 million over and above its base budget to meet its needs.
The Polk County commissioners are asking voters to approve a 200 percent increase in the real estate transfer tax on November 6. But the county has about $11.1 million over and above its base budget to meet its needs.
Rutherford County doesn't need to increase taxes
The Rutherford County commissioners are asking voters to approve a quarter-cent sales tax increase and a 200 percent increase in the real estate transfer tax on November 6. But the county has about $25 million over and above its base budget to meet its needs.
The Surry County commissioners are asking voters to approve a quarter-cent sales tax increase on November 6. But the county has about $25.1 million over and above its base budget to meet its needs.
The Catawba County commissioners are asking voters to approve a quarter-cent sales tax increase on November 6. But the county has about $16.3 million over and above its base budget to meet its needs.
The Cumberland County commissioners are asking voters to approve a quarter-cent sales tax increase on November 6. But the county has about $93.3 million over and above its base budget to meet its needs.
The Lenoir County commissioners are asking voters to approve a quarter-cent sales tax increase on November 6. But the county has about $18.6 million over and above its base budget to meet its needs.
The Pitt County commissioners are asking voters to approve a quarter-cent sales tax increase on November 6. But the county has about $50.5 million over and above its base budget to meet its needs.
The Union County commissioners are asking voters to approve a 200 percent increase in the real estate transfer tax on November 6. But the county has about $50.5 million over and above its base budget to meet its needs.
The Brunswick County commissioners are asking voters to approve a 200 percent increase in the real estate transfer tax on November 6. But the county has about $75 million over and above its base budget to meet its needs.
The Chatham County commissioners are asking voters to approve a 200 percent increase in the real estate transfer tax on November 6. But the county has about $24.5 million over and above its base budget to meet its needs.
The Greene County commissioners are asking voters to approve a quarter-cent sales tax increase on November 6. But the county has about $8.2 million over and above its base budget to meet its needs.
The Macon County commissioners are asking voters to approve a 200 percent increase in the real estate transfer tax on November 6. But the county has about $21.6 million over and above its base budget to meet its needs.
The Moore County commissioners are asking voters to approve a 200 percent increase in the real estate transfer tax on November 6. But the county has about $16.7 million over and above its base budget to meet its needs.
The Pender County commissioners are asking voters to approve a 200 percent increase in the real estate transfer tax on November 6. But the county has about $23.3 million over and above its base budget to meet its needs.
Gov. Mike Easley and the General Assembly continue the spend-and-tax cycle, increasing the General Fund $1.8 billion, 9.5 percent, over last year. General Fund spending on operations reaches $20.7 billion in FY 2007-08, a 43 percent increase in just five years, similar to the five-year period through FY1997-98.
The Senate fiscal year 2007-08 budget would have spent $1.3 billion (7.1 percent) more on operations than the previous year, plus another $1.2 billion in new debt.
The Senate would have allowed the 8.0 percent personal income tax bracket and the extra quarter-cent sales tax to expire as current law requires.
There are three new proposals that would impose hundreds of millions of dollars in new taxes on North Carolinians in the name of fighting global warming. None of these proposals are actually called taxes.
House members approved a $20.3 billion budget for fiscal year (FY) 2007-08, up 7.6 percent from FY 2006-07; 1.5 times the 5.1 percent combined rate of inflation and population growth.
Proposed spending is $1.4 billion ($158 per person or $632 for a family of four) higher than in FY 2006-07. Nearly all of the increase is in K-12 education, even though dropout rates have been increasing.
Freedom Budget 2007 continues the tradition of John Locke Foundation alternative budgets that revise the governor’s Continuation and Expansion budgets.
Property tax rates, unemployment, and poverty rates are the best guides to a county’s lottery sales per adult. Neither personal nor household income was associated with a county’s level of lottery sales per adult.
Charlotte’s half-cent sales tax for transit, passed in 1998, has allowed the Charlotte Area Transit System (CATS) to become one of the least efficient bus systems in the state. Ridership increased 52 percent, but operating costs increased 234 percent from 1997 to 2005.
Gov. Mike Easley proposed a $20 billion operating budget and $20.1 billion total spending plan for fiscal year (FY) 2007-08. The operating budget is $1.3 billion more than in FY 2006-07, a 7.2 percent increase.
Budgets reflect priorities. When families face a new expense, they must cut back on another expense. Governments do not have this limitation. When legislators find they have spent too much or that there are new activities worth funding, they can raise taxes to make sure the budget balances and pass along the tough decisions to businesses, entrepreneurs, and families.
