2018 Fiscal Year State Budget, NC Budget and Tax Center

How much does NC invest in you? Three things to know before the NC Senate releases its proposed budget

How much does NC invest in you? The short answer: not enough.

1) The State of North Carolina ranks 43rd in the country in total state expenditures per capita.  In other words, there are 42 other states in the country that invest more on each individual living in their state. This is not good news for North Carolinians.

NC SPENDING PER CAPITA2) North Carolina spent $4,364 on making sure each individual North Carolinian had good schools in their community, their families and neighbors were cared for, their environment was protected, their communities were safe and infrastructure was sound during the 2015 fiscal year. Meanwhile, the U.S. average per capita state spending was higher: $5,777. In other words, our state falls below the national average. This is not good news for North Carolinians.

3) When compared to all of its neighboring states in the Southeast, North Carolina does not fare any better. Analysis shows that North Carolina spent less per capita than Virginia, South Carolina, Georgia, and Tennessee. This is not good news for North Carolina.

It has been clear that the state is forgoing the needs in communities. Now, it turns out that North Carolina’s investment levels are woefully inadequate to deliver the same level of opportunities as residents of our neighboring states experience. The NC General Assembly (Senate and House) should heed these numbers and invest to achieve greater outcomes. This is critical in order for North Carolina to become a more competitive state in the 21st century.

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