Highlights at March 31, 2026:10-year net annualized return stands at 8.8%.Net investment gains above the Reference Portfolio totalled $8.6 billion over...
Aerial video along the Swannanoa River reveals the wrath of Tropical Storm HeleneAerial video along the Swannanoa River between Black Mountain and Asheville reveals the devastation of Tropical Storm Helene.Buncombe County’s proposed budget for fiscal year 2026 includes a 3.26-cent property tax increase to offset revenue shortfalls in the aftermath of Tropical Storm Helene.The budget prioritizes essential services, including $122 million for education, though still short requests from Asheville City Schools and Buncombe County Schools.ASHEVILLE – Described as a “break-even budget” focused on essential government services and recovery in the...
Joshua Fechter and Jasper Scherer, The Texas Tribune | Wichita Falls Times Record NewsProperty tax cuts aren’t free. In fact, they’re costing Texas a fortune.The Texas House is considering a budget that would shell out $51 billion — 15% of the state's total two-year spending plan — to maintain and provide new property tax cuts. That number, more than the state allocates to transportation or higher education, is making even some Republicans nervous about the state’s ability to afford the tax relief if there’s an economic downturn.If it were its...