04 Dec Fearrington Republican Club – Fast Facts
NC FAST FACTS
(FY 2011)
North Carolina General Statistics Square Miles 52,669Population (July 2009)9,382,610 % Growth 2000-2009 16.6% State GDP (2008) $400.2 Billion % Growth 2000-2008 20.4% Per Capita Personal Income (2009) $34,719 % Growth 2000-2009 0.6% Unemployment Rate (October 2010) 9.6% State & Local Tax Burden (2008) 9.8 State Bonded Debt (June 30, 2009) $7.0 Billion
North Carolina State Government Operating – State General Fund $20.52 Billion Capital – State General Fund$11.17 Million Total General Fund (state only) $20.53 Billion General Fund Growth (FY01-FY11) 46.3%% Real Per Capita Growth (FY01 – FY11) -0.2% Total State Employees144,974
Tax Rates
Personal Income (Top rate with surtax)7.98% Corporate Income (with surtax)7.11% State Sales and Use Tax5.75% State Gasoline Tax (as of July 1, 2010)31.9¢ / gal
General Fund Appropriations
Millions % of Total Total Education $11,325 55% K-12 Education $7,459 36% Community Colleges $1,055 5% UNC System $2,811 14% Total Health/Human Services $4,993 24%Medicaid $3,405 17% Justice & Public Safety $2,198 10% General Government $439 2% Natural & Economic Resources$468 2% Reserve & Debt Services $1,168 6% Capital $11 0.05%TOTAL APPROPRIATIONS$20,532100%
General Fund Availability
Millions % of Total Personal Income Tax $9,542 46% Corporate Income Tax $1,090 5% State Sales & Use Tax $5,689 28% Other Taxes & Fees $2,566 12% Transfers & Revisions $ 94 0.46% Federal Stimulus Funds $1,573 8%TOTAL AVAILABILITY$20,555100%
Transportation Millions Highway Fund Appropriations $1,793 Highway Trust Fund Appropriations $ 929
Data Source: John Locke Foundation (http://www.johnlocke.org” target=”_blank” title=”John Locke Foundation”>www.JohnLocke.org)</tr> </tbody> </table>”</p>”</p>”