The state budget remains a concern for taxpayers and state employees alike. Here is the latest from the North Carolina Senate. Check out the document that lets you compare what the Senate is proposing compared to the House.
A few initial highlights of the Senate PCS to H200:
· Enrollment fully funded
· Building reserves funded
· ($434.5 million) Management Flex Reduction
· (19 million) UNC Hospital Subsidy
· No cut to Coastal Wave Energy Research
· $1 million NC A&T/UNC-G Joint School of Nanoscience and Nanoengineering
· Total funding for scholarships in each year for Need-based financial aid is same. Proportion of lottery, escheats, and General Fund is different.
· No cut in first year for Academic Common Market and a lower cut in the second year at ($970,747)
· No cut to Graduate Student Tuition Remissions
· No cut to Nonresident Tuition Waivers
No amendments will be considered in subcommittee today. The full Appropriations Committee will meet tomorrow to amend and vote. Second and third readings will be on May 31st and June 1st.