| NC
Senate Passes Budget -
May 19, 2006
Raleigh – Teachers would get an 8 percent
pay raise, the state would strengthen its job creation and
disaster response
efforts, and working families and small businesses would see
tax relief and under the proposed budget approved Wednesday by
the State Senate.
The Senate budget also makes unprecedented investments in education
and mental health programs, caps the gas tax to help business
and families cope with rising fuel prices, and raises the minimum
wage to $6.15, a dollar more than its current level.
“This is a responsible budget that moves our state forward
by growing our economy, improving education, and helping North
Carolina’s families,” said Sen. John Snow.
The
budget dedicates about 58 percent of the state’s resources
to education, including an average 8 percent pay raise for teachers,
$90 million in ABC bonuses for schools that meet academic goals,
and increased financial aid for college students. The budget
also dedicates lottery proceeds to reduced class sizes and prekindergarten
programs.
The
Senate’s
budget, which was approved Wednesday with bipartisan support,
also:
•
Provides mental-health and substance-abuse programs with more
than $105 million in new funding, including money to replace
federal budget cuts and bonds to update the state’s mental
hospitals.
•
Strengthens economic growth with a tax reduction for more than
30,000 small business owners, $10 million for the “One
NC” business-recruitment fund that has generated more than
18,000 jobs since 2001, and replenishing the Highway Trust Fund
to improve the state’s roads and highway infrastructure.
•
Improves children’s health with $14 million in new funding
for Smart Start, funds to employ 90 school nurses, and funds
to expand vaccinations for young children.
•
Makes families more secure with electronic monitoring of the
state’s most serious sex offenders, 90 new assistant district
attorneys to the court system to reduce case backlogs, and a
new emergency fund to improve the state’s disaster readiness
and response.
• Protects the environment by implementing coastal habitat protection,
improving water quality and protecting another 2,000 acres of
state parkland.
•
Continues fiscal responsibility by falling under the governor’s
spending cap, setting aside more than $500 million in reserve
funds, and improving oversight and accountability in the use
of state funds.
“North Carolina is ranked as one of the nation’s
most fiscally responsible states, and this budget continues our
commitment to responsible budgeting while setting the right priorities
to help our state move forward,” Snow said.
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