$34B spending plan includes raises, tax changes, and Hurricane Helene recovery funding; Stein has 10 days to act.
By Coastal Carolina News Staff Writer
RALEIGH — North Carolina lawmakers have delivered a long‑awaited state budget to Gov. Josh Stein, ending more than a year of delays that stalled raises, tax changes, and major recovery funding across the state. The $34–$34.4 billion spending plan reached the governor’s desk on July 2, and Stein now has 10 days to sign it, veto it, or allow it to become law without his signature. He has urged residents to review the measure alongside him, saying it contains “good things” and “bad things” that warrant close attention.
The budget includes pay increases for teachers, state employees, and law enforcement personnel. Education leaders have pushed for months for higher salaries to address retention challenges and statewide shortages. The plan also expands several bonus structures tied to experience and performance.
Lawmakers approved continued tax reductions and adjustments to state tax codes. The changes affect personal income brackets, small‑business deductions, and several targeted credits. Legislative leaders say the updates are designed to simplify filings and reduce burdens on working families.
A significant portion of the budget is dedicated to Hurricane Helene recovery, including infrastructure repairs, housing support, and long‑term resiliency projects. Communities across the Carolinas continue to rebuild after the storm’s widespread damage, and state officials say the new funding will accelerate ongoing efforts.
Gov. Stein emphasized that his review will focus on balancing statewide needs with fiscal responsibility. “There are good things in this budget, and there are bad things,” Stein said, noting that he will evaluate each section closely before making a final decision.
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