The Office of State Budget and Management (OSBM) is proud to announce the promotion of Mark Bondo to the position of Assistant State Budget Officer (ASBO) for Budget Execution. Mark brings a wealth of experience and knowledge to his new role, having dedicated eight years to OSBM, where he most recently served as a Team Lead for the Departments of Transportation and Environmental Quality, capital budget, and statewide budget matters.
The recent expansion of Medicaid in North Carolina will be economic and societal benefits, which will have a positive impact on state and local government revenues.
North Carolina ended Fiscal Year 2022-23 on June 30 with revenues of $33.535 billion. This is $3.026 billion, or 9.9%, above the certified budget for the year.