NC Governor Releases 2023-2025 Budget Proposal

North Carolina Governor Roy Cooper released his office’s 2023-2025 state budget proposal, entitled “First in Opportunity,” on Wednesday, signaling the beginning of the formal state budget process. The proposal makes major investments in education, including $4.5 billion to fully fund years 2,3,4, and 5 of the Leandro Comprehensive Remedial Plan, as well as significant employee pay increases.