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The Independent
Elizabeth City, Pasquotank County, North Carolina
What is this article about?
R. W. McDonald, a Forsyth legislator, accused North Carolina's budget bureau of inefficiency or falsifying figures during the recent biennium. Debate in the General Assembly centered on the surplus size, estimated at $200,000 by the bureau but $500,000 by McDonald's group; official reports confirmed $355,000.
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Finance figures recently released indicate that the budget bureau was grossly inefficient or deliberately falsified during the recent biennium. It was charged the other day by R. W. McDonald, Forsyth legislator. One of the most acrimonious arguments during the General Assembly was over the size of the found surplus for the closing of the biennium. The Budget Bureau estimated the surplus would not exceed $200,000, while the McDonald group claimed the surplus would be $500,000. The official report of the Treasurer and Auditor showed that there was a surplus of $355,000 in the cash operations of the general fund for the biennium closed.
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Where did it happen?
Domestic News Details
Primary Location
North Carolina
Event Date
Recent Biennium
Key Persons
Outcome
surplus of $355,000 confirmed in official report
Event Details
R. W. McDonald charged the budget bureau with gross inefficiency or deliberate falsification of figures during the recent biennium. Acrimonious argument in General Assembly over surplus size: Budget Bureau estimated not exceeding $200,000, McDonald group claimed $500,000.