![]() Includes a new permanent part-time classification to increase the stability of service delivery, improve recruitment of key positions, and maintain programming and services.Funds an increase in the Temporary Pay Plan from a minimum of $8.25 to $11 an hour for temporary employees to ensure the City is competitive in the market and continues to provide the critical services our community expects.Moves the General Pay Structure, Police Pay Structure, and Fire Pay Structure merit increases to five percent for those below the midpoint and three percent for those at the midpoint and higher an increase from the FY 22 budget which funded the merits at four percent and two percent.Emergency Communications’ pay ranges are also adjusted based on market conditions, increasing two ranges in the General Pay Structure. Moves Police and Fire pay range minimums to the average of Wake County municipalities plus six percent, with pay range maximums increasing accordingly.The COLA was approved by City Council in April 2022. Includes the full year costs of a two-percent Cost of Living Adjustment (COLA) for all full-time employees in the department.Promise program, which sets tuition for in-state students at $500 per semester.Ĭooper said that many of the things that the budget gets right are things he had previously put forward in other budget proposals – but that the legislature didn’t get everything right. Would add Fayetteville State University to the N.C.The budget does not include a full expansion of Medicaid, as Gov. Would include a limited expansion of Medicaid to cover 12 months of postpartum care.Would allocate $5.9 billion into the State Capital and Infrastructure Fund (SCIF) to build, renovate and repair buildings for state agencies, the UNC system, community colleges and other assets. ![]() The rainy day fund would be increased to $4.25 billion, more than doubling the current balance of $1.98 billion.The corporate franchise tax will be reduced as well. The corporate income tax would be phased out over six years beginning in 2025.Under an analysis released by Senate leadership this year, a family of four making the median household income of $54,602 would see their tax bill reduced by $566, or 37%, when the plan is fully implemented. The standard deduction and child tax credit would increase as well. The personal income tax rate would drop from the current 5.25 percent to 3.99 percent over six years.Retirees would receive a 5 percent cost of living adjustment bonus over two years, which is not permanent.The minimum wage for all non-certified employees in public schools and community colleges would increase to $13 per hour in the current fiscal year and to $15 per hour in the next fiscal year.Community college faculty raises would be 6 percent over two years. Teachers would receive pay raises on average of 5 percent over two years plus a bonus of up to $2,800.The bonus would be $1,500 for those making under $75,000 and for those working in: law enforcement, corrections and 24-hour residential or treatment facilities. Most state employees would receive pay raises of 5 percent over two years plus a $1,000 bonus.The governor said earlier in the week that he intended to sign the bill – saying the “ good outweighs the bad.”Ĭooper highlighted Medicaid expansion as one of the areas where the budget fails. During the last two-year legislative session, Republicans and Democrats couldn’t reach an agreement. North Carolina is the last state in the country to adopt a budget. Now that Governor Cooper has signed SB 105 into law, we have finally given our state a budget they can truly be proud of and one that meets the most critical needs of North Carolinians.” Finally, the citizens of North Carolina have a comprehensive spending package for the first time since 2018. “Today is a great day for all of North Carolina. House Speaker Tim Moore (R) issued a statement after SB105 was signed into law: ![]() I will continue to fight for progress where this budget falls short but believe that, on balance, it is an important step in the right direction.” Funding for high speed internet, our universities and community colleges, clean air and drinking water and desperately needed pay increases for teachers and state employees are all critical for our state to emerge from this pandemic stronger than ever. “This budget moves North Carolina forward in important ways. Stay on top of breaking news and weather with the FOX8 mobile app.Ĭooper released the following statement on the signing: ![]()
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