8/14/09

North Carolina confiscates taxes collected for local governments.


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


Jennifer Steinhauer


New York Times, July 24, 2009


 


If California can confiscate tax revenues from local governments,


can North Carolina take money from Guilford County


and The City of Greensboro?