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In 1971 the North Carolina General Assembly passed the Executive Reorganization Act. The law reformed the Department of Revenue to encompass the office of the commissioner of revenue, the Tax Research Board, and the State Board of Assessment. [4] Two years later the title of the head of the department was changed from "commissioner" to ...
In 2023, the Office of State Budget and Management, which puts out the consensus revenue forecast with the legislature’s Fiscal Research Division, predicted a “slow and mild” recession was ...
Nearly 21 million people in the U.S. have already received their federal tax refunds, but North Carolina residents are still waiting on money from the state. That’s because the state just ...
North Carolina State Treasurer's Office in State Capitol, c. 1890s. The Fundamental Constitutions of Carolina, adopted in 1669, provided for a treasurer to handle "all matters that concern the public revenue and treasury" with the assistance of 6 undertreasurers and 12 auditors. [1]
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North Carolina is a Dillon's rule state, [34] and municipalities are only able to exercise the authority that the General Assembly or state constitution explicitly gives them. [26] All municipalities in North Carolina operate under either mayor-council governments or council-manager government , [ 26 ] with most using the latter. [ 25 ]
Elaine Marshall, who assumed the office in 1997, was the first woman ever elected to a North Carolina statewide executive office. [9] Since the passage of the Executive Reorganization Act of 1971, the secretary's agency has been the Department of Secretary of State.
The General Assembly’s new state budget takes a few more steps to reduce North Carolina’s reliance on the gas tax. EV fees, rideshare taxes, DMV charges: NC lawmakers find new revenue for ...