Budget

Politics & Government
5:05 pm
Tue May 29, 2012

State House Committee Approves Budget Plan

House lawmakers have recommended budget changes that would ease funding reductions for public schools and give state employees a small bonus. The House Appropriations committee approved the more than 20 billion dollar proposed budget adjustment earlier today. Republican representative Harold Brubaker chairs the House appropriations committee.

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Politics & Government
5:10 pm
Thu May 24, 2012

House Budget Writers Roll Out Draft Reports

State lawmakers have begun to roll out their preliminary recommendations for this year's budget.

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Politics & Government
6:10 am
Thu May 17, 2012

Budget To Dominate Busy Short Session

Lawmakers are moving quickly as they begin their short legislative session. Their primary task is to make adjustments to the state's two-year budget. The governor has already sent lawmakers a 20.9 billion dollar budget proposal. Republicans are expected to come out with their version soon. The first day of the session began with great fanfare.

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Business & Economy
5:00 pm
Fri March 30, 2012

NC Low in Per Capita Income Growth

There is another sign economic recovery is moving slower in North Carolina than in a lot of other states.   The rate of per capita income growth is among the smallest in the country.

Leoneda Inge:  The US Bureau of Economic Analysis says per capita income growth in North Carolina was 3.3-percent between 2010 and 2011.   The only states with a smaller income growth rate are Maine and Alaska.  Alexandra Sirota is Director of the North Carolina Budget and Tax Center.  She says the state fared better three to four years ago.

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Politics & Government
4:40 am
Fri March 23, 2012

Three Federal Courts Could Close in NC

Three North Carolina courthouses could be closed as a cost cutting measure.

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Education
3:27 pm
Tue March 20, 2012

Schools Seek To Plug Budget Holes

School districts are looking at every option to find funding for next year. This summer, a federal stimulus funding package ends, and could lead to teacher layoffs.

Dave DeWitt: Not every school district has what Wake County has a rainy day fund. Now, school board members are considering using a good chunk of the $35 million or so that’s in it to save 500 teacher jobs.

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Education
6:31 am
Wed March 7, 2012

Wake Schools Budget Discussions Begin

Under a new proposal from Superintendent Tony Tata, The Wake County Schools budget will shrink by $24 million next year.

Dave DeWitt: Even with the cuts, Tata says there will be no teacher layoffs. In fact, he expects to be able to give teachers a one percent raise - their first in four years.

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Business & Economy
8:55 am
Fri January 6, 2012

Report Calls for Reform of Economic Incentives

Better incentives for economic development are one way to tackle North Carolina's high unemployment rate. That's according to the non-profit North Carolina Budget & Tax Center. Report author Allan Freyer says the state should change how it attracts companies.

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Education
4:20 am
Mon August 22, 2011

Students Arriving On Campus

Thousands of students are returning to area universities. They will be greeted by a variety of changes brought on by budget cuts.

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Politics & Government
6:05 am
Tue July 19, 2011

Ruling Puts Budget Back In Limbo

A ruling by a State Superior court judge has revived the battle over the state budget.

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