09/16/2015 7:00 am Update
The budget and conference report on the budget have been added to the website of the North Carolina General Assembly and Macon Media has embedded them below and made them available for the public to download from this page. The NC House convenes today at noon and the NC Senate convenes at 2:00 pm. The budget is expected to be the topic of discussion.
Speaker of the NC House Tim Moore and Senator Phil Berger held a joint press conference to brief the press corps on the compromise busghet worked out in conference committee over the last few weeks. The full budget was not made available to the press or public at the time of the press conference, but was promised to be released later this afternoon or evening.
Macon Media recorded the audio stream from the North Carolina General Assembly website and, in the interest of time and portability, added the audio to a video so you could listen to the whole thing yourself. The audio has been amplified, but there are a couple of sections when one of the speakers drifted away from the microphone and you'll have to boost the volume to hear what they're saying. There was a brief period of 30 seconds where the audio completely dropped out and it has been left in the video.
So, without further ado, the audio is posted below, and a "highlight" of the budget has been posted below, all of which has been lifted from Representative Chuck McGrady's blog.
House Bill 97
2015 Appropriations Act
Conference Committee Overall Highlights
September 14, 2015
Adjustments to Availability
Salary and Benefits
2017 Estimated Average Effective Tax Rate
|Federal Adjusted Gross Income||Current Law||Proposed Law|
|$20,000 to $29,999||2.71%||2.47%|
|$30,000 to $39,999||3.40%||3.15%|
|$40,000 to $49,999||3.79%||3.54%|
|$50,000 to $59,999||3.97%||3.72%|
|$60,000 to $69,999||4.06%||3.82%|
|$70,000 to $79,999||4.10%||3.86%|