Tax revenue

Consumer spending in Mecklenburg County appears to be flatlining. The county told The Charlotte Ledger it expects to collect $414.3 million in sales taxes for the fiscal year that ended in June. That’s a little less than the previous year, although Charlotte continues to grow rapidly with people, jobs, and development. What’s going on? For more on this and other business news, The Ledger’s Ashley Fahey joined WFAE’s Marshall Terry for our segment BizWorthy.

In response, some officials are urging lawmakers to pass another bill that would create a carve-out for counties still recovering from Hurricane Helene.

The city of Charlotte is backing a bill in Raleigh that would extend two tourism taxes until 2060. One is a 1% tax on all prepared food and beverages inside Mecklenburg County that would primarily impact residents.

New property revaluations for Mecklenburg County give a stark picture of how the pandemic – and online shopping – has changed retail. All three of the county’s shopping malls saw their property valuations drop.

North Carolina's resurgent post-pandemic economy could put an additional $6.5 billion over the next two years into state government coffers already swollen with cash, state economists said Tuesday.

North Carolina's main pot of money increased about 19 percent during the last fiscal year despite a decrease in revenues. That's according to the state…

The pot of money North Carolina uses to pay for most of its programs grew about 20 percent this year. That's according to the state's annual financial…