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The Presentation demonstrating over $1 Billion in projected budget savings,
through efficiencies and the elimination of waste, fraud, and duplication:
Shown to business leaders, editorial boards and state leaders - and updated continuously, the " 2005 and Beyond " PowerPointT insight into North Carolina's structural deficit and tax policies is now available to download or to view directly in your Internet browser.
Phase in of Zero-Based Budgeting Introduced
North Carolina is in a fiscal crisis. Other states such as Texas, Florida, Massachusetts, Illinois and Pennsylvania have implemented similar cost-saving reforms to streamline government operations. Texas has saved over $13 Billion in the past decade, while Massachusetts has moved from a $3 Billion deficit to a $700 million surplus. News Release (Adobe format) and text of Senate Bill 325.
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