Posts Tagged ‘sales tax’

HOW’RE YA GONNA KEEP’EM DOWN ON THE FARM

Tuesday, April 5th, 2011

Subcommittees were still scheduled to meet when the top Republican budget chairs in the N.C. House and Senate filed bills Tuesday that was loaded with surprises and also expectations. House Bill 584 and Senate Bill 500 has the short title “The Governor’s Budget.” The longer titles says the bill is a base budget for state operations “and other purposes.” (more…)

LOOKING AT OPTIONS

Friday, March 11th, 2011

The Appropriations Committee working on the state education budget now is looking at options to trim $1.4 billion from operations of public schools, community colleges and the university system. These cuts would offset the loss of revenue from the one-cent sales tax that expires June 30. Some of the public school options:

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THE ELEPHANT IN THE ROOM

Monday, February 28th, 2011

The line in the sand has been drawn between Gov. Beverly Perdue and the Republican majority legislators and the battle to develop the 2011 – 2012 budget has begun. The governor wants to use a three-quarters percent sales tax to preserve public education, with some cuts to the university system. A new priority for community colleges would be the “Career High Schools” which would mainline performing students into a two-year community colleges degree program—at no cost to the student. As far as the GOP leadership is concerned, the governor’s budget was dead on arrival. They are working on a spending plan that eliminates the tax and cuts education spending by $700 million. (more…)