NC enters new fiscal year without agreement on state budget

NC enters new fiscal year without agreement on state budget

Monday, June 30 marks the last day of the fiscal year, and state lawmakers have yet to pass a new budget. The lack of agreement between the House and Senate means the state will enter the new fiscal year, which begins on Tuesday, July 1, without an updated spending plan in place.  the government will continue to operate Despite this, there’s no risk of a government shutdown. Under North Carolina law (G.S. § 143C-5-4), most state operations conti…