NC Senate aligns total spending with arbitrary spending cap determined at the outset of budget process
NC General Fund spending as a share of the state's economy
The chart shows 50 years of North Carolina's budget spending as a share of the economy. The Senate's proposed budget for 2023-2024 budget spending totals represents 4.9 percent of the state’s economy while the recommended budget for 2024-2025 represents 5.0 percent of the economy.