Spotlight Report

North Carolina Budget FY 2015 – 17

posted on in Spending & Taxes
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This year, the North Carolina General Assembly drafted its two-year spending plan for the state.  For fiscal year 2015-16, the General Fund budget will rise 3.1 percent to $21.7 billion, below the combined rates of population growth and inflation.  The following year, the budget will have an overall increase of less than one-percent, but changes are expected during next year’s “short session” that will likely boost the overall amount spent on state government in FY 2016-17.

Spotlight 472 – North Carolina Budget FY 2015 – 17

Sarah Curry is Director of Fiscal Policy Studies at the John Locke Foundation. Previously, she worked for the North Carolina State Senate as a research assistant for the chairs of the Senate Agricultural Committee and headed the research efforts for… ...

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We are North Carolina’s Most Trusted and Influential Source of Common Sense. The John Locke Foundation was created in 1990 as an independent, nonprofit think tank that would work “for truth, for freedom, and for the future of North Carolina.” The Foundation is named for John Locke (1632-1704), an English philosopher whose writings inspired Thomas Jefferson and the other Founders.

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