Arkansas
Tax cut plan sails through Arkansas legislative committees as special session begins
Arkansas lawmakers advanced what would be the state’s fourth income tax cut in four years Monday despite critics’ warnings that reducing revenue could jeopardize social services.
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Louisiana
Louisiana task force reviews possible changes to public school funding formula
Louisiana education leaders are taking a closer look at the formula used to determine how much state money public schools receive.
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South Carolina
SC to start spending year without budget in place
When South Carolina begins its next fiscal year Wednesday, the state government won’t have a new budget to direct agencies how to spend money.
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Virginia
Virginia legislators advance $205 billion budget including new tax on data centers
Energy consumption tax will reap $1.2 for the state over the biennium
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North Carolina
General Assembly passes budget with 8% average teacher raises, plus funds for literacy, math, and research
After months of negotiations, and nearly a year after the original deadline, Republican lawmakers finally put forth and passed a budget this week. North Carolina had not passed a state budget since 2023, causing strain for public institutions, especially public schools, in the interim.
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Virginia
Budget Compromise Takes Initial Action on Data Centers Paying Their Fair Share, Supporting Stronger Investments in Key Areas
TCI is thankful that budget conferees in the House of Delegates and Senate reached an agreement that asks some of the world’s most profitable corporations to pay more of their fair share.
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Kentucky
In New Poll, Kentuckians Say Income Tax Cuts Aren’t Helping
Kentucky’s legislative leaders have made reducing the state’s individual income tax rate their top priority in recent years. Lawmakers have repeatedly acted on that, reducing the rate several times and costing the state billions annually that could have been invested in kids and families.
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Georgia
Passing the Buck: Property Taxes Fund Georgia’s Schools and Local Services
Property taxes are the primary source of revenue for Georgia’s local governments, including school districts, raising about two-thirds (66%) of $25.8 billion in total tax revenue in 2023. State lawmakers are considering whether to radically change the way Georgia’s local governments and schools raise revenue by eliminating or significantly reducing property taxes on owner-occupied residential homes, which are known as homesteaded properties.
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North Carolina
NC Supreme Court issues Leandro decision
North Carolina’s students have for too long born the consequences of ongoing disinvestment in their schools. Among other considerable impacts, this opinion vacates the 2022 ruling ordering the transfer of $1.75 billion to our public schools and further delays action to ensure that students across our state have access to the educational opportunities that they deserve.
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Fund Students Adequately
Every student deserves a strong foundation, and that begins with making sure state funding covers the real costs of a high-quality education.
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