School Board Supports Extending Temporary Taxes
During its regular meeting Monday, the Moore County Board of Education unanimously passed a resolution supporting the extension of temporary taxes to offset deficits in next year’s state budget.
In 2009, the General Assembly increased the state sales and use tax by 1 percent and imposed additional corporate and personal income surtaxes to generate additional revenue and balance the state budget.
The taxes are set to expire June 30.
Chairwoman Laura Lang said that by extending the temporary taxes, the state could narrow its expected deficit by $1.3 billion.
The board passed the resolution to join other counties in the Sandhills region who are also voicing their support for the extension.
Last week, Cumberland County’s Board of Education also passed a resolution asking legislators to support the extension.
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