Politics
1:55 pm
Thu April 18, 2013

Tennessee General Assembly Approves Governor's Budget

Credit Chattanooga Times Free Press

The Tennessee State House approved Governor Bill Haslam’s $32.8 billion budget with a few minor changes by an 83-14 margin Wednesday.  Thursday morning, the Senate unanimously agreed to the changes and the budget proposal is now headed to Haslam's desk for his signature.   The budget sets aside more than $100 million for a 1 1/2 % pay-raise and other pay adjustments for state employees and $46 million for state employee health insurance.  The budget allocates $350 million for increased enrollment in TennCare under the new federal health care law.  In Education, $127 million of the new budget will pay for K-12 and higher education and $52 million will boost information information technology in the state's school districts.   About $100 million is slated for the state’s rainy day fund, bringing it to $456 million by next July.