Recent Blog Posts

  • Amending the Budget Ordinance—

    Authored by: on Monday, August 3rd, 2009

    Anxieties are running high among many local government officials as they await the adoption of the State’s budget to learn the fate of local revenue sources. In fact, according to a July 30, 2009, bulletin update from the North Carolina League of Municipalities, pursuant to State budget negotiations as of that date, counties and municipalities potentially stand to lose at least a portion of their beer and wine tax proceeds, resulting from state excise taxes on beer, fortified wine and unfortified wine. The prospective aggregate loss to local governments is $33 million. The revenue loss to any one local unit may not be substantial. But, because many, if not most, local governments already have adopted their budget ordinances for this fiscal year, local units are going to have to make at least some adjustments. Which raises the question, what are the rules governing if, when, and how a local unit may amend its budget ordinance once it has been adopted? Read more »