North Carolina state budget (2011-2012)

Note: This article was last updated in 2012. Click here for more recent information on state budgets and finances.

See also: Archived North Carolina state budgets

Surplus

At of the end of April 2012, lawmakers learned that the state would have a revenue surplus of about $233 million for FY 2012. They expected a $150 million shortfall for the state's Medicaid program.

FY 2012 budget

The North Carolina House of Representatives passed a $19.7 billion budget by a vote of 73-45 on June 11, 2011, matching a similar North Carolina State Senate plan. Governor Beverly Perdue vetoed the bill on June 12, 2011. Lawmakers voted to override the veto on June 15, 2011, and the budget took effect.

The budget eliminated a shortfall that the Office of State Management and Budget had estimated in December 2011 could be $3.7 billion.

The budget can be found here.

Medicaid

As of December 2011, the state had a projected shortfall of $139 million in Medicaid funding, and the governor and legislature had not reached an agreement on how to close the funding gap.

Education

The budget limited enrollment in the North Carolina Pre-Kindergarten program. Superior Court Judge Howard Manning ruled on July 18, 2011, that changes that limiting enrollment in the service violated a landmark state Supreme Court ruling, the Leandro II ruling, that every child has a constitutional right to an equal education.