set of U.S. government financial statements
This article explores North Carolina’s growing reliance on federal funding since the 1980s, compares these trends to neighboring states, and highlights the One Big Beautiful Bill Act (OBBBA) as a…
Recent data shows how NC's per capita income continues to outpace the national average.
Despite weak opposition to the Senate tax plan, tax cuts benefit more than just the one with the reduced legal tax liability. Low- and median-income households receive a much larger benefit from…
Executive Summary North Carolina’s Teachers’ and State Employees’ Retirement System (TSERS) is widely recognized as being among the nation’s healthiest pension plan systems, currently almost 90 percent funded at a…
View in your browser. This newsletter was jointly authored by Sarah Curry and Austin Pruitt. New Bern may be best known as the birthplace of Pepsi Co., the world’s third…
I have actually enjoyed reading the city’s CAFR tonight. Although it leaves some questions for a little mind like mine, I find the detail to be something one can use,…
Buncombe County’s CAFR was stellar, just stellar. But curious were four references to depreciation of intangibles. I asked Finance Director Donna Clark exactly what that meant. Was goodwill wearing thin?…
If you needed any more evidence that the state of North Carolina, rather than every business in the state, ultimately will be held accountable for North Carolina’s $2.5 billion debt…
Montgomery County commissioners have raised the property tax by nine cents over the last three years, from 58 cents to 67 cents per $100 valuation — a 15.5 percent increase.…
A new national study from the Institute of Truth in Accounting highlights how state leaders, including those of North Carolina, have dodged balanced budget requirements—and to such a degree that…
Montgomery county commissioners have raised the property tax by nine cents over the last two years, from 58 cents to 67 cents per $100 valuation — a 15.5 percent increase.…