Tuesday, June 17, 2008

NC Legislative Update: Senate Budget

Yesterday, the Senate began to unveil their budget proposal.  Some major differences emerged during the day. 

The Senate increased funding of More at Four to $41 million.  This is still $4 million short of the Governor's request but a significant increase from the House budget. The Senate went with the Governor's recommendation to reduce Medicaid reimbursement by 75%, the House in contrast only did a 50% reduction in Medicaid reimbursement rates.  The Senate did put in place a one time $36 million toward Community Support for people with mental illness.  This one time investment was designed to give a financial infusion to a troubled program and give the Department and Division time to implement a more stabilizing solution. 

Teacher's and state employees received a raise in line with what the House had proposed. 3% for teaches and for state employees a 2.75% or $1,000 raise depending on which is greater.

Today Senate Base Budget Appropriations will receive the budget and possible amendments.  The goal of the House and Senate is to have the budget signed by the Governor by July 1.  Just in time for the new fiscal year.  

It is looking like this session will end right around the 4th of July holiday!

Additional Information:
Check out Dan Kane's take on the budget. Senate, House Differ on State Budget Details

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