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Office of the State Controller Releases June Financial Report

For Fiscal Year 2025, when compared to the prior year through June 30, North Carolina experienced an increase in General Fund receipts which include tax and non-tax receipts. Tax revenues increased by $856.5 million or 2.7 percent, and non-tax revenues increased by $9.0 million, or 0.5 percent as compared to the previous year.

The General Fund’s unreserved fund balance as of June 2025 was $891.0 million as compared to $2.1 billion as of June 2024.