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The state has a $1.4 billion surplus to work with for the 2024-25 fiscal year, according to the Office of State Budget and Management. The North Carolina House of Representatives reconvenes for ...
Senate President Pro Tempore Phil Berger, and House Speaker Tim Moore announce they have reached a deal on the state budget during a press briefing on Tuesday, September 19. 2023 in Raleigh, N.C.
The current state budget is about $30 billion a year. ... “Today’s revenue forecast is a sign that North Carolina is on the right track. Our conservative approach to responsible spending has ...
Instead of taking up the passed House budget bill, the Senate passed their own on Monday night in a 27-19 vote, with less overall spending and no additional teacher and state employee pay raises ...
A number of states have a two-year or three year budget (e.g.: Kentucky) while others have a one-year budget (e.g.: Massachusetts). In the table, the fiscal years column lists all of the fiscal years the budget covers and the budget and budget per capita columns show the total for all those years.
“Today we have put our house in order,” said one Republican budget writer who commended the new state budget for putting billions into savings in case of an economic downturn. NC passes 2022 ...
Last year’s state budget had provided the biggest pay raises for newer teachers, with the starting salary set to rise to $41,000 for the 2024-25 school year. House GOP lawmakers want to add ...
Most state employees are set to get 3% raises that were agreed to in last year’s budget. The House would add an additional 1%, but the Senate budget would leave those raises unchanged.