The Durham Legislative Breakfast held on June 6, 2025, focused on the ongoing budget discussions in North Carolina, highlighting significant differences between the House and Senate proposals. Both chambers have passed their respective budget versions, but a conference committee has yet to be established, leading to expectations that the state may operate without a finalized budget through June and into September.
Key concerns were raised regarding the proposed tax cuts included in both budget versions. The House's bipartisan budget, which received some support from Governor Stein, has been criticized for not addressing the needs of returning teachers and veterans. Additionally, the continuation of the voucher program, which is projected to cost around $100 million, has sparked debate. It was noted that the majority of voucher users are not coming from public schools, contradicting the initial intent of the program.
Further complicating the budget situation, recent reports indicate that the state is projected to collect less revenue than anticipated. This decline in revenue, coupled with ongoing tax cuts, raises concerns about the sustainability of funding for various programs outlined in the budget proposals. The governor and the legislative delegation are advocating for a pause on tax cuts to prevent further budget reductions.
As discussions continue, the urgency for a resolution grows, with stakeholders closely monitoring the developments in the budget process.