Budget
Financial planning and allocation
Latest stories
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Cary council receives new training to add more oversight measures for 'extravagant spending culture'
Cary town leaders received a lesson in public accounting at its work session meeting on Thursday as part of a 39-part plan to correct its spending and improve its savings balances.
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Stein approves budget additions, expands access to ‘granny flats’ in NC cities
Stein signed what’s known as a regulatory reform bill, as well as technical corrections and additions to the recently approved state budget Tuesday.
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Apex town council to discuss future of Fire Station 1 after residents petition against move
The town council will consider a budget amendment to fund research for the Station 1 site. This includes a market analysis of the building's location and tests business ideas for the success of incoming ventures for the building.
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NC lawmakers advance changes to new state budget, election rules
Changes to the new state budget include the addition of tens of millions of dollars in earmarks to host sporting events in the state. Critics say the money could be spent better elsewhere.
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NC Senate finalizes bill with new power grabs, millions in taxpayer dollars for sporting events
Bills making changes to the new state budget, including spending tens of millions on golf and military games and stripping power from Democratic politicians including Gov. Josh Stein, passed the state Senate Wednesday.
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NC lawmakers target more of governor’s powers, shift charity support
The wide-ranging bill would spend tens of millions of dollars on sporting events, in addition to dealing out millions in taxpayer dollars to charities and targeting Democratic Gov. Josh Stein with what critics call new power grabs.
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As gas, grocery prices climb parents shift back to school spending habits
A new survey from U.S. News & World Report finds that more parents expect their children to help pay for back-to-school expenses, whether that's with money from a summer job or an allowance.
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Stein: Pay bumps, bonuses for police 'innovative and creative' way to increase safety in Raleigh
State law enforcement agencies will see some of the most dramatic salary increases of all state employees in the recently approved state budget.
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Audit: Zebulon lacked proper financial oversight, overspent from general fund
The town of Zebulon lacked internal controls to effectively manage its finances, according to an audit released on Monday by the State Auditor's Office.
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NC Republicans roll back DEI policies in new state budget
North Carolina’s new budget eliminates or restructures DEI programs across state government, including changes at DHHS and state agencies.
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Stein signs $34B NC budget, ushering in tax cuts and raises for state employees after GOP agreement
The $34 billion plan was authored by Republican legislative leaders who reached a deal last week after months of bickering over tax cuts and capital projects. Democratic Gov. Josh Stein objected to parts of the plan but said state employees can’t wait any longer for raises.
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Stein says he’ll take action on state budget Tuesday
North Carolina lawmakers passed a new $34 billion state spending plan several days ago. Democratic Gov. Josh Stein must now decide whether to veto or approve the budget.
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Prediction market betting would be authorized in NC’s new budget. What it means for sports betting
Tucked into the state budget is a proposal that could have massive implications for how prediction markets operate in North Carolina. Some lawmakers say it’ll create a new revenue stream. Others worry it’ll cost the state millions.
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'Playing politics with public safety': NC budget makes Wake DA office state's most understaffed
GOP leaders say they simply forgot to fund more prosecutors in Wake County. Democrats are skeptical of that, pointing to the county's central role in prosecuting political corruption cases.
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'Playing politics with public safety': Budget makes Wake County prosecutors NC's most understaffed
GOP leaders say the simply forgot to fund more prosecutors in Wake County. Democrats are skeptical of that, pointing to the county's central role in prosecuting political corruption cases.
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As NC prisons struggle with vacancies, new budget ramps up spending. Will it be enough?
From staffing to mental health support, Wendell Powell says more needs to be done to better support prison staff and offenders.
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NC lawmakers end long standoff, send $34B state budget to Stein
After more than a year fighting over state spending priorities, North Carolina lawmakers approved the biggest budget in state history. The $34 billion Republican-led plan now heads to Democratic Gov. Josh Stein.
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Raleigh MLB ballpark plan isn’t dead, House speaker says. He just doesn’t want NC to make first move
North Carolina House Speaker Destin Hall isn’t saying no to baseball, he says. He’s just saying not yet, wary that approving a deal now could hurt the state's chances against other markets competing for a Major League Baseball franchise.
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‘Need to rein in spending’: NC lawmakers advance proposed $34 billion state budget
The budget contains raises and bonuses for state workers and teachers, one-time boosts to retired state workers' pensions, income tax cuts for all North Carolinians and tax increases for data centers and sports betting companies.
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$15M for PFAS detection near NC fire stations included in proposed state budget
The proposed state budget expands North Carolina's efforts to address PFAS, including $15 million for firefighter protections, new statewide contamination studies and funding for emergency drinking water.
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NC lawmakers unveil long-awaited state budget with tax cuts, raises for state employees
The budget was finalized after weekend negotiations over spending priorities. The House is expected to begin voting on the measure this week. It doesn’t include a proposal to fund a Major League Baseball stadium.
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NC lawmakers reviewing state budget drafts promising tax cuts, state employee raises
Budget drafts reviewed by WRAL indicate NC lawmakers have kept intact the major spending priorities announced last month. It doesn’t include a proposal to fund a Major League Baseball stadium.
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Younger couples more likely to keep finances separate. Can it build stronger relationships?
Recent research found a majority of couples do not regularly talk about long-term finances, even though more than 40 percent of couples wish they did.
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North Carolina has a plan to pay for a $1.7B baseball stadium. Why lawmakers can’t agree.
Lawmakers are sparring over a Senate-led proposal that details financing options for a Major League Baseball stadium in Raleigh. House lawmakers’ opposition is likely to doom the proposal, people familiar with the talks tell WRAL.
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Despite ongoing talks, NC budget might not be ready until after start of new fiscal year
Senate leader Phil Berger and House Speaker Destin Hall, both Republicans, have been meeting regularly as state lawmakers attempt to reach a budget agreement.
