NC House Releases Draft State Budget

By March 30, 2023 News

The North Carolina House of Representatives yesterday released the initial draft of the state budget. The “2023 Appropriations Act” (HB 259) reflects spending of nearly $29.8 billion for the next fiscal year, beginning July 1. In addition, spending plans include a 10.2% pay raise for teachers across the next two years. The draft budget also includes numerous other provisions impacting public education, such as authorizing remote charter academies, setting new guidelines around academic transparency, addressing school safety and threat assessment, and more.

View the House Budget Committee report here. Read more about the draft budget from WRAL, Carolina Journal, and North State Journal.

Watch a video recap from WRAL below:

Earlier this month, Governor Cooper released his recommended budget.

What’s next in terms of budget deliberations? Here’s the anticipated timeline, from the Associated Press:

The House budget committees will debate the measure and consider amendments Thursday. House floor votes are expected next week. Senate Republicans will then advance their own spending plan in the coming weeks.

Leaders from both chambers will then negotiate a final budget bill to vote on and present to Cooper, probably in June.