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Source: WUNC, 5/9/22
North Carolina government tax collections will smash the projections used to help fashion the first year of the current two-year state budget, officials announced Monday as lawmakers return next week to begin figuring out what to do with billions in surplus. The legislature’s economists and Gov. Roy Cooper’s budget office now believe state coffers should take in $4.24 billion more in the fiscal year ending June 30 than predicted the previous June, according to a memo from...
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