Bipartisan agreement reached on proposed state budget
The $8.5 billion package, which was approved unanimously by the Legislature's Appropriations and Financial Affairs Committee on Sunday, is headed to the full Legislature for a vote on Wednesday.
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The state’s biennial budget is headed to the full Legislature for a vote on Wednesday after members of the Legislature’s Appropriations and Financial Affairs Committee reached a unanimous, bipartisan agreement on the $8.5 billion package on Sunday.
In a statement Sunday evening, Democratic leaders of the Legislature said the budget’s highlights include restoring municipal revenue sharing; expanding the property tax fairness credit to 83,000 Maine residents; strengthening the homestead exemption program; and funding 55 percent of K-12 public educations costs. It also adds $45 million to the School Revolving Renovation Fund so that schools can make critical health and safety upgrades, they said, and provides financial support for senior living facilities and direct care workers.