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2025 Governor's Budget

IntroducedSenate
Michael LeeRepublican

Re-ref Com On Appropriations/Base Budget2025-03-25

No floor votes recorded.

This is North Carolina's biennial budget bill appropriating funds for state government operations from July 1, 2025 through June 30, 2027. It allocates approximately $34 billion in general funds annually, establishes funding for education, healthcare, transportation, corrections, and social services, and includes tax policy changes such as maintaining tax rates and creating new tax credits for working families and school supplies.

  • Supporters argue this budget invests significantly in education through teacher salary increases, school infrastructure bonds, and literacy programs.
  • It funds healthcare initiatives including mental health and substance abuse treatment, increases funding for community colleges focused on high-demand jobs, and provides tax relief through expanded child and dependent care credits and a back-to-school sales tax holiday.
  • The budget also includes employee bonuses and salary increases across state government.
  • Critics may contend the budget does not go far enough on specific priorities or leaves funding gaps in areas like rural healthcare and child welfare services.
  • Some may question the sustainability of recurring salary commitments given potential revenue fluctuations, or argue that proposed tax measures don't sufficiently address income inequality.
  • Others may debate the allocation of capital funds between education and other competing state needs.

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