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The total does not include debt service for capital projects, which will come out of a new State Capital and Infrastructure Fund. In a joint statement, Senate leader Phil Berger, R-Rockingham, and House Speaker Tim Moore, R-Cleveland, said they intend to direct $4.2 billion in spending through the new fund “to support critical needs across the state, including several transformational projects.” Although the exact numbers by department have yet to be spelled out, Berger and Moore said the budget agreement also includes significant tax reductions and the replenishment of the state’s “rainy-day” fund. “As we work out the details of the budget, we intend to fulfill our commitment to balance the budget while saving for future needs and cutting taxes for the vast majority of residents,” they said in the statement released Tuesday. ....
02:57 PM EST Share DIA CEO Lori Boyer said the increased charges is to discourage all-day parking and increase the availability for restaurant and retail customers. A Downtown Investment Authority committee advanced a proposed parking rate increase Jan. 12 for on-street metered parking in areas of the Northbank deemed high-demand. If approved by the full DIA board, the policy change will establish a defined rate structure for both high-demand and low-demand areas of Downtown. DIA CEO Lori Boyer said the rate changes are not intended to generate more revenue for the city but to discourage all-day use of on-street spaces to increase customer parking availability for restaurants and retailers. ....