The Official Report of Collecting and Spending State Taxes in North Carolina for the Year Ending June 30, 1960

Record #:

31007

Author(s):

State Budget Bureau

Abstract:

Revenues collected from 1959-1960 amounted to over $328 million, while expenditures totaled just over $277 million. this left the state with a budget surplus of nearly $19 million. The majority of revenues came from individual income taxes and sales taxes, while the majority spent was in education and public welfare programs.

Source:

We the People of North Carolina (NoCar F 251 W4), Vol. 18 Issue 4, September 1960, p15-20

Subject(s):

Taxation--North Carolina--Revenues; North Carolina. General Assembly--Budget