• Research Report

    North Carolina Budget FY 2015 – 17

    posted September 21, 2015 by Sarah Curry
    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.
  • Research Report

    State Budget Overview: Teacher compensation and Medicaid drive the 2014-15 budget

    posted August 19, 2014 by Sarah Curry, Dr. Terry Stoops
    For fiscal year 2014-15, North Carolina’s General Fund budget rose 2.2 percent to $21.1 billion. It funded an average teacher salary increase of 7 percent, one of the largest pay raises for North Carolina teachers in a generation, and created a Medicaid contingency fund of $186.4 million.
  • Research Report

    Review of the Wake County Transit Plan

    posted January 30, 2012 by Thomas A. Rubin, Dr. David Hartgen
    The draft Wake County Transit Plan, released in November 2011, proposes a doubling of bus service, new commuter rail service between East Garner and Durham, and light rail service between Cary and northeast Raleigh. The expanded service is proposed to be funded by a 1⁄2-cent sales tax, a $10 increase in vehicle registration fees, increased vehicle rental fees, transit bonds, state and federal funds, and rider fares. The estimated cost of the expanded bus and commuter rail plan is $2.8 B, and the full plan (including light rail) $4.6 billion through 2040.
  • Research Report

    The Corporate Income Tax: Repeal, Not Reform

    posted November 7, 2011 by Dr. Roy Cordato
    North Carolina's corporate income tax should be repealed, not reformed. It violates all basic principles of sound economic policy and open government. It not only imposes a second and even a third layer taxation on many people’s incomes, but it is hidden, dishonest, and inconsistent with informed decision making in a free and democratic society.

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