Economists predict modest North Carolina surplus, but warn more tax cuts will curb revenues

Economists predict modest NC surplus, but warn more tax cuts will curb revenues

North Carolina officials on Friday projected a modest revenue surplus this fiscal year, the result of stronger than anticipated economic conditions, but warned soon-implemented tax cuts should mean lower collections ahead, which could require tougher spending choices.

Economists predict modest North Carolina surplus, but warn more tax cuts will curb revenues

North Carolina officials are projecting a modest revenue surplus this fiscal year but are warning that tax cuts already on the books and taking effect soon will mean lower collections