taxes

Local News
8:59 am
Thu April 9, 2015

Council Considers Trims And Taxes To Fill Budget Hole

Charlotte’s City Council is looking at ways to fill a gaping hole in the budget. Last night, city manager Ron Carlee presented options from trims to tax raises.

City leaders have said the upcoming budget hole is worse than any single year of the recession. But instead of a flailing economy, it’s due to state tax changes and Mecklenburg County’s property tax revaluation redo.

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Local News
1:44 pm
Tue March 10, 2015

NC Tax Revenues Still Down But Not As Much

North Carolina's gap in tax revenue compared to the year before keeps getting smaller. The Office of the State Controller reported Tuesday that tax revenues are still down though.

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Local News
8:05 pm
Wed February 11, 2015

NC Senate Passing Gas Tax Raise As A Cut

A chart of changes the bill will cause to gas tax revenue (higher revenue also means a higher gas tax) this fiscal year, and over the next four, based on data from the North Carolina General Assembly's Fiscal Research Division. All numbers in millions.
Credit Ben Bradford / WFAE

Republican sponsors called it a tax cut, but a bill awaiting one final vote in the North Carolina Senate would ultimately raise the tax. And, those same sponsors are counting on the revenue it will bring in.

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Local News
5:37 pm
Wed February 11, 2015

Here's Some Context On NC Tax Revenues Through January

Credit Alan Cleaver / Flickr

A report from the state controller Wednesday shows North Carolina's tax revenues are down $477 million compared to the same period a year ago. 

The $477 million represents a 4 percent drop in tax revenue. That's actually an improvement from a few months ago, when the state was down 6 percent.

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Local News
5:03 pm
Thu November 13, 2014

NC Tax Revenue Down Through First Third Of Fiscal Year

Credit Alan Cleaver / Flickr

North Carolina's tax revenues are down almost $400 million compared to the same period last year. That's according to a report the Office of the State Controller released Thursday on the first four months of the state's fiscal year.

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Local News
10:11 am
Mon March 3, 2014

Hickory City Council Dines And Talks Taxes In Charlotte

Hickory City Council members discuss whether to seek voter approval for a 20-year $40 million bond referendum to renovate public spaces in Hickory.
Tasnim Shamma

The Hickory City Council conducted business last week ... in Charlotte.

They were in town for a retreat that focused on whether to seek a tax hike for a project to renovate and redesign the city’s public spaces by improving existing parks and building greenways in Hickory.


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Politics
3:01 pm
Thu January 30, 2014

Fuller: No Tax Hike; Calls For Poverty Task Force

Mecklenburg County Commission chairman Trevor Fuller says the county is fixing problems with the its mental health agency MeckLINK, the 2011 botched property tax revaluations and internal political turmoil: "In short, we are getting our house in order."
Credit Tasnim Shamma

Mecklenburg County Commission Chairman Trevor Fuller says he doesn't want to raise taxes this year because the county expects to see a surplus in revenue from construction and other growth.

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Charlotte Talks
12:00 am
Mon June 3, 2013

City And County Budgets

Both Charlotte and Mecklenburg County are in the process of approving a budget for the next fiscal year. City Manager Ron Carlee will join us in the first part of the show to talk about his first recommended budget for the city and what it will mean for citizens inside the city limits. Then we'll be joined by Interim County Manager Bobbie Shields and Budget director Hyong Yi to discuss how the recommended county budget would impact tax payers throughout Mecklenburg County. How will the services the city/ county provide be affected this fiscal year? How will your pocketbook be affected? Find out, when Charlotte Talks.

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Taxes
10:07 am
Fri May 17, 2013

Anti-Tax Advocate Grover Norquist Visits Huntersville

Americans for Prosperity launched a $500,000 "Back in the Game" campaign last month to "tax less, tax fair and tax simple".
Credit Tasnim Shamma

Influential anti-tax advocate Grover Norquist made several stops in North Carolina yesterday. He visited the capitol to show support for Republican proposals to overhaul the state’s tax system, and ended the day in Huntersville. 


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Charlotte's Economy
5:21 pm
Fri December 14, 2012

State Tax Revenues Increase In Good Sign For The Economy

The General Fund is the state’s piggy bank, where revenue goes in and payments come out.  Today, the State Controller’s office released a report showing that, since June, the fund earned almost $300 million more than the same time last year. That’s an increase of over four percent. Amber Young at the controller’s office says it’s for the best possible reason-- people are earning more.

“It’s just things are doing better—individual income went up five percent,” Young said. “We’re seeing more people working again. Corporate went up about that amount.”

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