Easley releases budget document
RALEIGH – The University of North Carolina and the North Carolina Community College System are slated to receive budget increases of more than 10 percent in a budget proposal released Tuesday by Gov. Mike Easley.
Easley’s budget announcement, which was announced during a press conference, came on the same day legislators returned to Raleigh for the start of the short session. More information about the budget is expected to be released Monday during a Joint Appropriations Committee meeting that will include a budget briefing.
In all, Easley is recommending a state budget of $18.85 billion, up from $17.2 billion for the current fiscal year. The budget request increases spending thanks in part to a $2 billion surplus in revenues.