Allotment Support Documentation

FY2025-26 Budget Information

• SL 2025-92 - Mini-budget; Allocates funding for five new Cooperative Innovative High Schools (CIHS). Requires DPI to maintain the allotment for the Small Innovative High Schools and Virtual CIHS (cut in SL 2025-89) at FY2025 levels using existing funds - September 30, 2025
• SL2025-89 - Mini-budget; Authorizes LEAs to move eligible public school employees paid on the legislated teacher salary schedule and assistant principal schedule up a step - August 7, 2025
• SB257 - Senate Budget
• Comparison File - April 16, 2025
• Senate Budget Summary - April 25, 2025

FY2024-25 Budget Information

• Budget Summary - Updated December 16, 2024
• Session Law 2024-39 (SB332) has been signed by the Governor. It contains the authority to allow PSUs to execute the salary increases that were intended for the second year of the biennium - July 10, 2024
• Session Law 2024-55 (HB10) - Contains provisions to execute Funding in Arrears as well as funding for the contingency reserve - November 21, 2024
• Disaster Recovery Acts
  • Disaster Recovery Act Summary and FAQ - April 10, 2025
  • SL2024-51
  • SL2024-53
  • SL2025-2

FY2023-24 Budget Information

• Session Law 2023-134 (HB259)
• Full Committee Report - September 20, 2023
• Summary of 2023-24 Budget - October 3, 2023
• Budget Comparison - Updated October 3, 2023
• Overview of 23-24 Budget Presentation - October 13, 2023
• 2023-2024 Principal Bonus FAQ - October 20, 2023
• 2023-2024 Salary Schedules  - Updated October 18, 2023 at 10:15am
• 2023-2024 Salary Schedule Revisions - Updated October 18, 2023 at 10:15am
• 2023-2024 Salary FAQ - October 19, 2023
• State Continuation Budget Update - June 28, 2023
  • When North Carolina does not have a budget before July 1st, the direction on operating is provided by GS.143C-5-4. The budget update above is helpful information for public school units for planning purposes. This information is subject to change based on the State budget process.

Previous Years

For previous years, please see the K-12 Education Budget folder of the SBS Archive.

The net proceeds of the North Carolina Education Lottery go to education expenses, including reduced class size in early grades, academic prekindergarten programs, school construction, and scholarships for needy college and university students. See the NC Education Lottery website for information on how much each county receives in lottery funding.

About 30 percent of lottery revenue goes to education. Even if the NC Education lottery gave 100 percent of its revenue to schools, that would only cover about 19 percent of the state's total budget for K-12 public schools.

How Lottery Funding Applies to Charter Schools
There are four large revenue streams that support state funding for public schools: Fines and Forfeitures, Sales Tax, Lottery Receipts, and the General Fund. While there are guidelines as to how much of each stream comes to support public schools (e.g. 50% of net Lottery revenues going to class size reduction in early grades and prekindergarten programs), the funds are commingled when they enter the State Public School Fund. The SPSF is then distributed according to the usual allotment formulas. As a result, charter schools do get money from each of those pots; however, charter schools do not get the portion of lottery funding dedicated to the Public School Building Capital Fund as they are not entitled to capital funding per GS 115C-238.29H.