Updated
Updated · WUNC · Jul 1
NC Lawmakers Unveil $34 Billion Budget With 3% Raises and $700 Million Helene Aid
Updated
Updated · WUNC · Jul 1

NC Lawmakers Unveil $34 Billion Budget With 3% Raises and $700 Million Helene Aid

3 articles · Updated · WUNC · Jul 1

Summary

  • $34 billion in spending was released a year late, with House and Senate votes planned this week to send the budget to Gov. Josh Stein by late Thursday.
  • Most state workers would get 3% raises plus $1,000 or $1,750 bonuses, teachers would average about 8% raises, and personal income tax cuts would be slowed—falling from 3.99% to 3.49% in 2027-2029.
  • $700 million in new Helene recovery money headlines the add-ons, alongside $1 billion for Medicaid cost increases, $450 million for the Rainy Day Fund and $208 million for a UNC-Duke children's hospital in Apex.
  • The bill also adds new tolls on currently free coastal ferries, eliminates vacant state positions and folds in policy changes from vape-shop age limits to license-plate readers and child-welfare rules.
  • SEANC criticized the plan as lagging inflation and cutting workforce capacity, underscoring lingering opposition even after Republicans ended their yearlong budget standoff.

Insights

As NC cuts income taxes, how will it fund future public needs like education and rising healthcare costs?
With billions invested in university expansion, what ensures housing remains affordable for students and surrounding communities?