Sisolak's budget lifts curtain on price tags for teacher pay raises, tax extensions and health-care
Sisolak's budget lifts curtain on price tags for teacher pay raises, tax extensions and health-care spending
Democratic Gov. Steve Sisolak unveiled a slew of policy priorities and promised pay raises in his proposed two-year budget when he delivered his inaugural State of the State address, without calling for any new taxes.
Many of the proposals announced Wednesday including plans for state employee and teacher raises were originally in a balanced budget proposal submitted by former Republican Gov. Brian Sandoval at the end of his term. But two key changes are expected to give Sisolak about $138 million more to play with than Sandoval had projected.
Sisolak wants to cancel a proposed reduction in the payroll tax rate, and ensure a quarter of the states Government Services Tax (vehicle registration tax) revenue continues flowing to the general fund, rather than reverting to the highway fund.
Keeping the status quo on those taxes, plus higher collections from the state sales tax and other major revenue sources as the state economy has recovered, means Sisolaks proposed two-year budget is $898 million larger than the states last two-year budget equivalent to 11.2 percent growth.
Read more:
https://thenevadaindependent.com/article/sisolaks-budget-lifts-curtain-on-price-tags-for-teacher-pay-raises-tax-extensions-and-health-care-spending