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23 Results found for debt affordability study

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Especially during an election season, taxpayers must be wary of calls to expand government
Especially during an election season, taxpayers must be wary of calls to expand government
 
Combined General and Transportation Funds' Debt Service is Projected to Peak at 2.61% in FY 2023
Combined General and Transportation Funds' Debt Service is Projected to Peak at 2.61% in FY 2023
 
Let’s applaud Governor Roy Cooper for recognizing that North Carolina’s public infrastructure is inadequate.
Let’s applaud Governor Roy Cooper for recognizing that North Carolina’s public infrastructure is inadequate.
 
North Carolina is poised to make great gains as we recover from the pandemic.
 
This nearly one-third reduction of state debt frees up the General Funds budget for other priorities, as annual debt service payments become less burdensome.
This nearly one-third reduction of state debt frees up the General Funds budget for other priorities, as annual debt service payments become less burdensome.
 
Gov. Roy Cooper is again pushing for a multibillion-dollar infrastructure bond, but Republican leaders caution that North Carolina’s still-unsteady economy makes it impossible to tell whether it would be prudent.
Gov. Roy Cooper is again pushing for a multibillion-dollar infrastructure bond, but Republican leaders caution that North Carolina’s still-unsteady economy makes it impossible to tell whether it would be prudent.
 
North Carolina should avoid borrowing billions, even though the state’s “credit card limit,” a recent study says, is more than $11 billion over the next decade.
North Carolina should avoid borrowing billions, even though the state’s “credit card limit,” a recent study says, is more than $11 billion over the next decade.
 
Now that North Carolina knows how much it can borrow, politicians are arguing about how much the state should borrow.
Now that North Carolina knows how much it can borrow, politicians are arguing about how much the state should borrow.
 
Governor Cooper proposed a responsible bond to build new schools and update aging infrastructure
 
The state panel that determines how much money North Carolina can prudently borrow over the next 10 years rejected an appeal Wednesday by Gov. Roy Cooper's budget director to triple the state's debt ceiling from $2.03 billion to more than $6 billion.
The state panel that determines how much money North Carolina can prudently borrow over the next 10 years rejected an appeal Wednesday by Gov. Roy Cooper's budget director to triple the state's debt ceiling from $2.03 billion to more than $6 billion.
 
A new debt affordability study for North Carolina could throw cold water on plans by the House and Gov. Roy Cooper to pass a nearly $2 billion bond for public school construction.
A new debt affordability study for North Carolina could throw cold water on plans by the House and Gov. Roy Cooper to pass a nearly $2 billion bond for public school construction.
 
The N.C. Department of Transportation doesn’t have enough debt space to borrow the full $3 billion for local road and bridge construction promised in the Build NC Bond Act of 2018.
The N.C. Department of Transportation doesn’t have enough debt space to borrow the full $3 billion for local road and bridge construction promised in the Build NC Bond Act of 2018.
 
State Treasurer Dale Folwell gave a chilly reception to issuing a statewide school construction bond even as Gov. Roy Cooper hit the road Tuesday, July 10, pitching one
State Treasurer Dale Folwell gave a chilly reception to issuing a statewide school construction bond even as Gov. Roy Cooper hit the road Tuesday, July 10, pitching one
 
Since 2011, the Republican-led General Assembly has restrained the growth of government, brought spending in line with revenue, paid down debt, put more money in savings than ever, and restored voter approval for new debt
Since 2011, the Republican-led General Assembly has restrained the growth of government, brought spending in line with revenue, paid down debt, put more money in savings than ever, and restored voter approval for new debt
 
North Carolina taxpayers will foot the bill for a $3 billion transportation bond and won’t have a say in being saddled with the debt if House Bill 1010 passes
North Carolina taxpayers will foot the bill for a $3 billion transportation bond and won’t have a say in being saddled with the debt if House Bill 1010 passes
 
Each February, the State Treasurer’s Debt Affordability Advisory Committee preempts the hopefulness of Groundhog Day with the publication of the annual Debt Affordability Study, the committee’s reminder that state government resources are limited
Each February, the State Treasurer’s Debt Affordability Advisory Committee preempts the hopefulness of Groundhog Day with the publication of the annual Debt Affordability Study, the committee’s reminder that state government resources are limited
 
Governments cannot realistically take enough money from citizens to pay for all the repairs and construction people say we need
Governments cannot realistically take enough money from citizens to pay for all the repairs and construction people say we need
 
Last week, by a vote of 114-1, the NC House passed House Bill 620. The bill provides a routine legislative blessing for annual UNC capital projects, which campuses fund with their own revenues or receipts and not General Fund appropriations
Last week, by a vote of 114-1, the NC House passed House Bill 620. The bill provides a routine legislative blessing for annual UNC capital projects, which campuses fund with their own revenues or receipts and not General Fund appropriations
 
Before the governor and legislators release their versions of the state budget, a very important source of information is needed - a comprehensive assessment of the state's debt status. Each year the Treasurer's office releases a Debt Affordability Study, which outlines the state's debt...
Before the governor and legislators release their versions of the state budget, a very important source of information is needed - a comprehensive assessment of the state's debt status. Each year the Treasurer's office releases a Debt Affordability Study, which outlines the state's debt...
 
Today was a "red letter day" in North Carolina. The N. C. Senate passed S 129, a bill entitled "Limit State Facilities Finance Act." The vote was 47 for and 1 against. It was co-sponsored by Bill Cook, along with 5 other senators.
Today was a "red letter day" in North Carolina. The N. C. Senate passed S 129, a bill entitled "Limit State Facilities Finance Act." The vote was 47 for and 1 against. It was co-sponsored by Bill Cook, along with 5 other senators.
 
Senate Bill 129 passed the Senate Finance Committee on Tuesday afternoon and moved immediately to the floor calendar. Sen. Tommy Tucker, R-Union, ushered the bill through committee with some compelling numbers supporting the measure.
Senate Bill 129 passed the Senate Finance Committee on Tuesday afternoon and moved immediately to the floor calendar. Sen. Tommy Tucker, R-Union, ushered the bill through committee with some compelling numbers supporting the measure.
 
Bypassing statewide bond referendums has cost North Carolina taxpayers an estimated $261 million in extra interest payments on state debt since...
Bypassing statewide bond referendums has cost North Carolina taxpayers an estimated $261 million in extra interest payments on state debt since...
 
NC General Assembly, State Sen. Tommy Tucker, R-Union, wants to curb a government funding mechanism popular among elected officials because it does not require them to gain voter approval to raise taxes...
NC General Assembly, State Sen. Tommy Tucker, R-Union, wants to curb a government funding mechanism popular among elected officials because it does not require them to gain voter approval to raise taxes...
 
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