The N.C. Senate's budget proposal will clock in at $20.58 billion, just short of Gov. Pat McCrory's $20.6 billion proposal, according to Senate leader Phil Berger's office.
The full budget is expected to be made public later tonight. According to a press release, the budget includes $10.2 million in the second year for a "pay for excellence" system for teachers, and eliminates the "flex cut" to local schools, a budget practice that had districts returning money to the state each year.
The budget adds $1.2 billion in state money for Medicaid, establishes a Rural Economic Development Division within the state Department of Commerce that will have its own assistant secretary, and puts $1.25 million toward fracking.
The Senate is expected to approve its budget this week and send it to the House.