• 68°

New state budget, by the numbers

NC Policy Watch

The source for this week’s numbers is the latest special report from the North Carolina Budget and Tax Center: “2019 Budget Fails to Effectively Address N.C.’s Existing and Emerging Needs.”

11 percent — growth in North Carolina population between 2008 to 2018

1 percent — inflation-adjusted growth in state public investments during the same 10-year period

6 percent — average total state General Fund spending as a share of the state’s economy over the past 45 years

5 percent — the amount spent in the FY 2019 General Fund budget

$881.7 million — amount in non-inflation-adjusted dollars the state budget grew between 2018 and 2019

$946.8 million — amount budget would have had to grow in order to maintain current services for the growing population, keep up with the cost of delivering services, and fulfill the obligations of policy decisions like increasing teacher pay

$24.4 billion — amount of revenue available to state lawmakers for the FY 2019 budget

$561 million — amount lawmakers simply left unappropriated

Another $221 million — amount lawmakers sent to the Savings Reserve or “Rainy Day Fund”

71 percent — amount of new state investments that are derived from non-recurring “one-time” funds that will be uncertain in years ahead

3 percent — amount of new state investments in Gov. Cooper’s proposed budget that would have been derived from one-time funds

$900 million — amount state will lose in revenue in 2019 due to cuts in personal and corporate income tax rates

$3.5 billion — annual amount by which tax cuts implemented since 2013 have reduced state revenues

$3 billion per year — amount extra North Carolina K-12 public schools would have if they were funded at the same rate at which they were funded in 1970

80 percent — Portion of state tax cuts since 2013 that have gone to the wealthiest 20 percent of taxpayers

$22,000 — annual average tax cut for the wealthiest 1 percent of North Carolinians since 2013

$226 — annual average tax cut for middle-income taxpayers (with average annual incomes of between $33,000 and $57,000) during the same period

$16 — annual average tax cut for the state’s lowest income taxpayers (with average annual incomes of less than $20,000) during the same period

Dozens — number of critical public services and structures that continue to struggle mightily with inadequate resources as a result of decisions included in the 2019 budget

Comments

Crime

Cooper, N.C. prison officials agree to release 3,500 inmates

Coronavirus

Two more COVID-19 deaths reported in Rowan, six for the week

Crime

Blotter: Man brandishes AR-15, runs over motorcycle at Rockwell-area gas station

Crime

Salisbury man charged with exploitation of minor

Crime

Road rage incident results in assault charges

Local

Dukeville lead testing results trickle in, more participation needed

Education

Faith Academy interviewing staff, preparing site for fall opening

News

Volunteers work around obstacles, alter procedures to offer free tax services to those in need

Education

Education shoutouts

Local

Retired Marine gets recognition for toy collection efforts

Local

March issue of Salisbury the Magazine is now available

Education

Five get Dunbar School Heritage Scholarships

Education

Education briefs: Salisbury Academy fourth-graders think big as inventors

Education

Bakari Sellers keynote speaker at Livingstone College Founder’s Day program

Nation/World

Biden aims to distribute masks to millions in ‘equity’ push

Nation/World

Chief: Capitol Police were warned of violence before riot

Nation/World

GOP rallies solidly against Democrats’ virus relief package

Nation/World

FDA says single-dose shot from Johnson & Johnson prevents severe COVID

High School

Coaches, lawmakers react to governor’s order expanding sporting event capacity

Coronavirus

Three new COVID-19 deaths, positives remain below triple digits

BREAKING NEWS

Gov. Cooper announces end to curfew, changes to restrictions affecting bars, high school sports

Crime

Blotter: Two charged after call about package

Crime

Salisbury Police investigating two shootings

Crime

Chase involving Kernersville man ends in woods behind Carson High School