BUDGET & TAXES

Tiny Ivanhoe gets new utility system

Speaking of Cooper and the state’s influx of federal funding, the governor spent Tuesday afternoon in the tiny Sampson County community known as Ivanhoe. He was there to promote a project you don’t often see: The creation of a brand new water distribution system to serve a rural community.

Businesses get state grants for innovative projects

The N.C. Board of Science, Technology & Innovation announced grant awards last week totaling $4.95 million to 101 small businesses. The One North Carolina Small Business Program helps companies that are seeking or have received money through the federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) …

Commission rejects Wilmington's 'Project Grace'

The N.C. Local Government Commission declined to support a public-private development partnership that aimed to reshape a downtown Wilmington block that houses the city’s main library.

Democrats call for legislative action on student loans, teacher shortage

Should lawmakers go ahead and finalize congressional and legislative districts for the 2024 elections? That’s the suggestion that Senate Minority Leader Dan Blue, D-Wake, made during a news conference Wednesday.

Perusse to retire as state budget director

State Budget Director Charlie Perusse will retire in November after serving Gov. Roy Cooper’s administration since he took office. Cooper announced Monday that Perusse will be succeeded by his chief deputy state budget director, Kristin Walker.

Staying in NC means $15 million for ACC

State legislators will likely take at least part of the credit for keeping the ACC from moving its headquarters to Orlando.

Berger says no to student loan tax break

Gov. Roy Cooper’s call for lawmakers to waive income taxes on forgiven student loan debts likely isn’t going anywhere.

Budget Spotlight: Aviation museum

The state budget bill enacted this year covers a third of the cost of the new Carolinas Aviation Museum, which will break ground later this month.

Lawmakers blast slow hurricane recovery program

The state’s program for rebuilding homes damaged in hurricanes Matthew and Florence has been a miserable failure. That might sound like a strong opinion for this publication. But it’s the opinion of lawmakers of both parties, homeowners in the program, a disaster relief expert from South Carolina, and even to …

Three asked to give testimony on hurricane relief

The legislative oversight committee probing delays in hurricane recovery efforts has asked three of the top disaster relief leaders in Gov. Roy Cooper’s administration to speak at the panel’s Wednesday meeting.

Liquor warehouse needs a replacement

The N.C. ABC Commission needs a new warehouse to store the state’s liquor supply, Chairman Hank Bauer told fellow commissioners last week.

Nearly $270 million in broadband grants awarded within weeks

Broadband internet expansion efforts took a big leap forward in recent weeks as the N.C. Department of Information Technology awarded $267 million in “GREAT” grants to internet providers, doling out the majority of the $350 million in federal funding the legislature allocated last year.

Budget mandate kicks off massive state government complex overhaul

The recently enacted state budget’s nearly $200 million plan for state government buildings in downtown Raleigh will reshape the area in the coming years. But first it’s triggering a rush to move hundreds of state employees ahead of a series of fast-approaching deadlines.

Student loan windfall has N.C. tax consequences

Student loan forgiveness is a taxable event for North Carolina state taxpayers, the state Revenue Department said in a press release Wednesday.

Budget Spotlight: New training centers

One of the big winners of vague “capital improvements” funding in the recently approved state budget is the relatively new I-95/I-40 Crossroads of America Economic Development Alliance, which is receiving $12.3 million.