Plan calls for $1.1 billion investment to support an 11% pay increase for all school personnel.
(Frankfort, Ky.) – Governor Andy Beshear today announced his Education First budget plan.
The plan provides for an 11 percent pay increase for teachers and all school personnel, which would be the largest single pay raise for public school educators in 40 years. Beshear’s plan also fully funds universal pre-K.
“We must invest more in public education. Our teachers are not paid what they are worth, and every child deserves a chance at true prosperity,” Gov. Beshear said. “With a record budget surplus, the largest Rainy Day Fund in state history and good economic conditions, we must keep Kentucky competitive by investing in our schools, teachers, and students.”
The governor’s plan also fully funds teacher pensions and student transportation; ensures no health insurance premium increase for educators; provides teachers student loan forgiveness; supports professional development; funds textbooks; boosts mental health services and will help build new career and technical education centers.
See the governor’s budget plan here.