State Enacts Long-Awaited Budget
On November 18th, after months of negotiations between state legislators, Governor Cooper signed into law North Carolina’s first budget in nearly three years. The $25.9 billion spending plan allocates state revenue funds and appropriates the $5.4 billion of American Rescue Plan funds received from the federal government. One of the most notable items is the $1 billion investment in broadband expansion, which, when combined with the state’s forthcoming allotment of federal funding from the Infrastructure Investment and Jobs Act, will help to improve internet access statewide.