Soon, the North Carolina General Assembly will vote on a history-making budget agreement which provides the largest teacher pay raise in North Carolina history and creates the North Carolina Education Endowment.
In the agreement, North Carolina’s teachers will receive an average seven percent (7%) increase in their salaries. The budget makes good on the promise made by Governor McCrory, Lieutenant Governor Dan Forest, Speaker Thom Tillis, and Senate President Pro Tem Phil Berger in February to raise starting teacher pay by 14% over the next two years--all while increasing veteran teacher pay. The agreement further preserves teacher assistant positions as they currently exist.
Importantly, the budget agreement includes the creation of the North Carolina Education Endowment, which was first proposed by Lieutenant Governor Dan Forest along with Senator Jerry Tillman earlier this year. The Endowment will allow corporations and individuals to make contributions toward increasing teacher pay, either by a direct donation or through their state tax forms. The bill additionally creates a special “I Support Teachers” license plate, the proceeds from which will be deposited into the Endowment.
The budget also provides raises for state employees, with most employees receiving a $1,000 raise to their annual salary and receiving five bonus vacation days. Other employees will have their pay increased either through a step increase or by other means.
“I applaud the General Assembly for coming together and fashioning a history-making budget,” Lieutenant Governor Dan Forest explained. “Over the past 18 months, I have traveled all around North Carolina talking about the importance of increasing teacher compensation—with an emphasis on retaining high quality teachers to instruct our students. This budget is an excellent first step in meeting that goal.”
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Jamey Falkenbury has been traveling around the state giving a factual and informative presentation on the dangers and issues surrounding Common Core State Standards and how they have impacted North Carolina. This week, Jamey makes another stop in Rockingham County. Read more about his visit and the content of his presentation by clicking the image below.
Raleigh, NC -- The North Carolina Senate today passed legislation creating the North Carolina Education Endowment, a concept designed and championed by Lieutenant Governor Dan Forest as a way to supplement teacher pay statewide.
Forest joined Sen. Jerry Tillman in early May to unveil the legislation and it was subsequently rolled into the full Senate budget bill that has now passed the Senate and is headed to the North Carolina House of Representatives for consideration.
The bill would create an Endowment Fund that will be used to supplement teacher pay via public and private sector funds.
The North Carolina Education Endowment Fund Creates Three New Revenue Streams to Sustainably Supplement Teacher Pay:
- Providing citizens and corporations the opportunity to contribute funds to the endowment via a line on their tax forms, either by contributing from their income tax refunds or by making additional contributions separate from their tax bill.
- Allowing the public to simultaneously fund the endowment while showing their support for our teachers by purchasing “I Support Teachers” specialty license plates.
- Creating a vehicle for corporations and individuals to make tax-deductible donations to the Education Endowment.
These three funding streams are only the beginning. Our goal is to use the bill as framework through which we can invest other funds with the goal of increasing teacher compensation for our high-performing teachers. The long-term intent of the endowment is that it would become self-sustaining.
Today marked another big step towards the goal of making North Carolina teachers the highest performing and highest paid in the nation.
Lt. Governor Dan Forest started the morning in Greensboro, NC with Governor McCrory in support of his announcement of the Career Pathways plan for NC teachers. It was here Dan joined Governor Pat McCrory, State Budget Director Art Pope, Rep. Craig Horn (who spoke on behalf of Speaker Thom Tillis), State Superintendent Dr. June Atkinson, Mooresville Graded School District Superintendent Dr. Mark Edwards, Charlotte-Mecklenburg Superintendent Dr. Heath E. Morrison, Rep. Linda Johnson, Rep. Rob Bryan, the Governor's Senior Advisor on Education Eric Guckian, and more.
In the afternoon, Lt. Governor Dan Forest presented to the Joint Committee on Education Oversight on his North Carolina Education Endowment Fund as an innovative way to supplement teacher pay in North Carolina. A drafted bill, spearheaded by Sen. Jerry Tillman and Lt. Governor Forest was introduced and discussed with various committee members.
The Education Endowment is a special fund created with a singular purpose—to increase teacher compensation in a manner that positively impacts student achievement.
- No tax increase required
- Funds may only be used for teacher compensation
- To supplement excellence, creativity, and innovation in teaching
Many have shared their concerns on the teacher pay problem North Carolina and the Education Endowment is a vehicle that provides several pathways to make a difference for teachers in NC.
- Individuals may donate funds to the Education Endowment via a line on their tax return.
- People may purchase "I Support Teachers" specialty license plates for their vehicles with proceeds to be placed in the Endowment Fund.
- Corporations and Individuals may give tax-deductible donations to the Education Endowment Fund.
Today was the first step in introducing the framework for the Education Endowment. There is more to come. Stay tuned.