Image

As a result of conservative pro-growth economic policies, Republican lawmakers were able to make targeted budget adjustments to meet our critical needs and fund key priorities to keep North Carolina moving onward. 

This budget is in contrast to a budget put forward by Governor Cooper and embraced by all Democrats that raises taxes, spends more money than we have and puts our fiscal future on shaky ground, once again. 




For more information and news, please sign up to receive our updates.
  • This field is for validation purposes and should be left unchanged.



2018 Budget


Image
Image

99%


Percentage of North Carolina families who will pay less in state taxes or pay no state income taxes at all
Image

5.25%


New state income tax rate.  The budget cuts taxes on the overwhelming majority of NC families. Under Democrats the rate was 7.75%
Image
Image

6.5%


Average Teacher Pay Raise
Image

$3,150


Average Principal Pay Raise
Image

$700 million


Increase in public education funding
Image
Image

$31,200


Sets a new baseline salary for all permanent state employees
Image

Pay Raises


State employees get a raise and state retirees get a cost of living increase
Image
Image

$60 million


New funds for disaster relief, bringing the total to over $360 million since Hurricane Matthew
Image
Image

$15 million


For security and safety improvements in NC Prisons
Image

4%


Pay raise for all corrections officers
Image

6


Number of years it now takes State Troopers to reach the top pay of $64,202, after significant pay raises
Image
Image

$10 million


Investment in broadband access for rural communities
Image
Image

$2 billion


New total balance of the state's Rainy Day reserve fund, to assist if and when we endure weather-related natural disasters or tough economic times
Image
Image

$35 million


For school safety initiatives
Image

$241 million


Lottery funding to build or upgrade school facilities
Image
Image

Over $10 million


To provide access to clean drinking water for those impacted GenX contamination and to fund the state's efforts to address the threat to safe drinking water