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Office of the State Controller Releases May Financial Report

For Fiscal Year 2026, when compared to the prior year through May 31, North Carolina experienced an increase in General Fund receipts which include tax and non-tax receipts. Tax revenues increased by $1,076 billion or 3.55 percent, and non-tax revenues increased by $13 million, or 0.83 percent as compared to the previous year.

The General Fund’s unreserved fund balance as of May 2026 was $4.6 billion as compared to $3.3 billion as of May 2025.