The Times Herald (Norristown, PA)
Highlights of Pa. budget package
HARRISBURG » Highlights of a spending plan that won Senate approval Friday to head to the desk of Gov. Tom Wolf for the 201819 budget year that starts July 1:
THE BIG PICTURE
— Increases spending through the state’s main bank account to $32.7 billion, an increase of about $700 million in new spending, or 2.2 percent of this year’s enacted budget of $32 billion.
TAXES AND FEES
— Does not increase tax rates on sales or income, the state’s two biggest sources of revenue.
— Does not impose a new severance tax on natural gas production.
— Imposes an increase of $75 million in an assessment on hospitals, a 34 percent increase.
— Creates a $102 million tax break by putting the state in line with a federal tax change letting corporations immediately expense 100 percent of a qualifying capital purchase.
— Expands the Educational Improvement Tax Credit by $25 to $160 million to help students attend parochial and private schools.
EDUCATION
— Increases aid for public school operations and instruction by $100 million, or nearly 2 percent, to $6.1 billion.
— Increases aid for programs to expand high-demand computer and industrial skills training in high schools and colleges by $40 million, or 62 percent, to $104 million.
— Increases early-childhood education funding by $25 million, or 11 percent, to $251 million.
— Increases special education funding by $15 million, or 1 percent, to $1.14 billion.
— Increases aid to Pennsylvania State System of Higher Education by $15 million, or 3 percent, to $468 million.
— Creates $60 million grant program for school safety through Pennsylvania Commission on Crime and Delinquency.
CORRECTIONS AND PAROLE
— Grows about $100 million, or 4 percent, to $2.5 billion.
PENSIONS AND SOCIAL SECURITY
— Grows about $290 million, or 8 percent, to nearly $4 billion.
Source: Pennsylvania House of Representatives, Hospital and Healthsystem Association of Pennsylvania.