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Yearly Archives: 2012

Local governments across the state are scrambling to finalize and adopt their budgets before July 1. This post provides a brief overview of the applicable procedural requirements and addresses frequently asked questions about the budgeting process. What must be included … Read more

[Today’s guest blogger is Adam Parker, UNC School of Government summer law clerk.] Let’s begin with an all-too-familiar hypothetical. In 2006, Carl Corporation incorporated a small business, Tar Heel Roofing Inc. Business went well for a few years. But when the … Read more

[Today’s guest blogger is Adam Parker, UNC School of Government summer law clerk.]Let’s begin with an all-too-familiar hypothetical. In 2006, Carl Corporation incorporated a small business, Tar Heel Roofing Inc. Business went well for a few years. But when the Great Recession hit, Carl’s customers basically disappeared. After six months with no revenue Carl decided to get out of the roofing industry.

[Today’s guest blogger is Adam Parker, UNC School of Government summer law clerk.]Let’s begin with an all-too-familiar hypothetical. In 2006, Carl Corporation incorporated a small business, Tar Heel Roofing Inc. Business went well for a few years. But when the Great Recession hit, Carl’s customers basically disappeared. After six months with no revenue Carl decided to get out of the roofing industry.

$200 million. That’s the estimated property tax revenue North Carolina’s 100 counties defer each year under the state’s present-use value (“PUV”) property tax exclusion program for farms and other favored properties. And by “defer,” I really mean “lose,” because most … Read more

UPDATE September 2013: For more recent information on this topic, click here. To consolidate or not to consolidate, that [may be] the question. In the coming weeks, the NC General Assembly could act on legislation that would permit a county … Read more