In a recent government meeting, officials provided an update on the 2024-2025 budget, highlighting significant salary increases for educators and staff, despite the absence of a comprehensive state budget for the current fiscal year. The meeting revealed that while the state is operating under a biennial budget approved last year, Senate Bill 332 has mandated salary increases that will take effect on July 1.

Teachers will see a salary increase ranging from 1.5% to 5.13%, with starting salaries rising from $3,900 to $4,100 per month. Additionally, a step increase system will benefit teachers, allowing for further salary growth based on experience. For example, a teacher moving from step six to step seven will see their salary increase from $4,481 to $4,663, a 4.06% rise.

Support staff, including principals and other employees, will also receive a 3% salary increase effective July 1. Notably, the calculation for principal pay will now include pre-K students, potentially increasing their compensation based on student enrollment.

Despite these positive developments, challenges remain. The state’s retirement contribution rate has decreased slightly, but health insurance premiums have risen by 7.1%. Furthermore, the funding cap for exceptional children (EC) remains at 13%, while the actual population exceeds this limit, leaving many needs unfunded.

Officials expressed hope for a budget resolution in the near future, as the General Assembly's actions have alleviated some immediate pressures. However, the timeline for a comprehensive budget remains uncertain, with expectations for further discussions in upcoming meetings.