Senate budget proposal would cut public spending to a 50-year low, relative to the state's economy
General Fund spending as share of the state's economy by fiscal year, actual (1976-2025) and proposed (2026-2027)
The chart shows 50 years of North Carolina's budget spending as a share of the economy. The Senate's budget proposal for 2025-2026 spending totals represents 4.3 percent of the state’s economy while the recommended budget for 2025-2027 represents 4.2 percent of the economy, an all-time low.
