Remove Accountability Remove Budgeting Remove Policy Objective
article thumbnail

Citizen Engagement: Active Participation

Death and Taxes

Local governments in North Carolina are required to engage citizens in their budget process by following the guidelines set forth by the Local Government Budget and Fiscal Control Act. In addition to these legal requirements, many local governments in North Carolina have taken further steps to engage citizens in the budget process.

article thumbnail

On Demand Webinar from UNC’s Tax Center on State Response to the Pandemic

Death and Taxes

Here is the description of the webinar: The economic disruption of COVID-19 will substantially affect state budgets in coming fiscal years, with an estimated $275 billion in revenue losses through fiscal June 2022. EST for Tax Policy and Planning: How States Propose to Bridge COVID-19 Revenue Shortfall. This webinar, which provides 1.5

article thumbnail

The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 2)

The Stoop (NYU Furman Center)

Today, agency MBS outstanding is about $9 trillion, two-thirds of all first-lien mortgage dollars, while bank-held mortgage loans only account for $2.6 18 It is worth noting that the Congressional Budget Office (CBO), from time to time, estimates the value of the subsidies to the FHLB system. billion for fiscal 2024.