The N&O has some details about a tentative budget plan agreed upon by state lawmakers:
Democratic lawmakers tentatively agreed on a final budget deal Saturday that would eliminate a tuition subsidy for some out-of-state athletes and require a 1 percent cut if extra federal money isn’t delivered.
The agreement lays the groundwork for lawmakers to approve their first on-time state budget bill since 2003. It also would direct state officials to take money from the rainy day reserve fund and reduce the state retirement system contribution to help close a potential $525 million gap if federal Medicaid funds never come.
Congress has backed off earlier legislation that would have given $24 billion to states by extending a more generous Medicaid formula for another six months.
The plan is expected to be voted upon by the House and Senate on Tuesday and Wednesday, then presented to Democratic Gov. Bev Perdue for her signature before the fiscal year begins Thursday.