Accountability for publicly funded school choice programs should primarily come through parent empowerment, not regulatory overreach. That’s the assessment of a new report from Notre Dame Law School scholar Nicole Stelle Garnett published by the Manhattan Institute.
North Carolina has collected more than $6 billion in state taxes than was originally forecast in May 2020 by state economists. That’s the finding of a report presented to members of the Joint Full Chairs Appropriations Finance Committee by the nonpartisan Fiscal Research Division at the General Assembly and the Office of State Budget and Management.
Economists in the Office of State Budget and Management and the General Assembly’s Fiscal Research Division released an updated consensus revenue forecast today anticipating an additional $6.5 billion in state revenues through the next biennium.
As of November, North Carolina’s state government has some $4 billion in unreserved cash in its General Fund, plus well north of $1 billion in its rainy-day account and other reserves.
