History & Mission
The Fiscal Research Division (FRD) was established in 1971 to provide nonpartisan fiscal expertise and analysis of the State budget to all members of the North Carolina General Assembly.
Our mission: FRD provides nonpartisan fiscal and policy analysis of budgetary and taxation issues that come before the elected members of the North Carolina General Assembly. The Division is a central staff agency of the General Assembly that serves all elected members.
Service to the Legislative Institution
During the legislative session, the Division’s fiscal analysts primarily staff the House and Senate Appropriations and Finance committees. Fiscal staff efforts include assisting these committees’ elected members with:
–Developing a balanced State budget;
–Evaluating the fiscal impact of proposed legislation;
–Projecting State revenue through economic analysis; and
–Developing legislation with central staff legal colleagues in the Bill Drafting and Legislative Analysis Divisions to enact budget and tax directives into law.
When the General Assembly is out of session, fiscal staff:
–Monitor executive branch compliance with enacted legislative initiatives;
–Track State spending throughout the fiscal year;
–Follow major federal policy issues that may affect the future fiscal condition of the State; and
–Provide fiscal staff support to non-Session, Interim, and other oversight and study committees that prepare recommendations for the General Assembly’s future consideration.
Service to Individual Legislators
The Division’s fiscal staff assists all elected members, upon request, with factual research on fiscal and policy-related questions and inquiries. In particular, we can provide you and your staff with:
— Confidential fiscal analysis of proposed legislation;
— Summary explanations of various budgetary actions enacted by the General Assembly;
— Fiscal Notes, Fiscal Memos, Incarceration Notes, and Legislative Actuarial Notes; and
— Factual information to help you in responding to constituent inquiries.
Suites 619 and 203
Legislative Office Building
300 N. Salisbury St.
Raleigh, NC 27603-5925