Senate passes 2024 state budget
INCLUDES $2,000 PAY RAISE FOR TEACHERS
BONUSES FOR CUSTODIANS OF $1,000
5.1% RAISE FOR CAFETERIA WORKERS,
BUS DRIVERS, AND SCHOOL NURSES
INCREASES ESP RETIREMENT PENSIONS
The state Senate today passed their version of the 2023-2024 state budget. The Senate version differs from the House budget so a committee of three legislators from each chamber will meet to try and resolve the differences.
The Senate-approved budget and the House-approved budget both provide a $2,000 salary increase for teachers. Custodians receive a one-time bonus of $1,000, and school cafeteria workers, bus drivers, and school nurses are scheduled to receive a 5.1% raise.
The bill also increases the monthly retirement benefits for ESPs who are covered under the Public School Employees Retirement System (PSERS) to the maximum currently allowed by law.
The bill includes $846 million to cover a 67% rate increase in employer costs for the State Health Benefit Plan for certified educators and $229 million to cover cost increases for non-certified educators.
The Senate also restored funding to allow HOPE Scholarships to cover 100% of tuition for all eligible students. This was in the Governor's original budget but the House had cut it back to 95%.