State cuts local share of beer tax
State cuts to local beer and wine tax revenue will easily remove more than $1 million from local budgets.
…The state is holding two-thirds of the expected revenue from municipalities in the beer and wine tax.
…Greensboro is expected to lose about $800,000 in beer and wine tax revenue.
Guilford County stands to lose about $250,000...
The money instead will stay in state accounts.
County departments know cuts are coming but don’t know what they will look like.
Social services and public health departments haven’t received their marching orders from Raleigh yet, either.
“Not everybody knows the full impact yet,” said Michael Halford, Guilford County budget director.
“My guess is there will be some big realignment.”
Amanda Lehmert and Gerald Witt
Greensboro News and Record, August 14, 2009
George Hartzman Posted the following on July 25, 2009:
The Senate had signed off on measures
to move about $4.7 billion of local government monies
into the state’s fund.
California Budget Deal Closes $26 Billion Gap
If California can confiscate tax revenues from local governments,
can North Carolina take money from Guilford County
and The City of Greensboro?
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[...] North Carolina confiscates taxes collected for local governments. [...]
[...] North Carolina confiscates taxes collected for local governments. [...]
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