March 31, 2014
59
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15:02Now PlayingMarch 31, 2014 The Senate Finance Chairman discusses arriving at an agreement for a 2014-2015 state budget. Senator DeFrancisco talks about the compromising on priorities while controlling spending. There will be a 4.5% increase for education. Tax reform was the senator's main goal. A new property tax relief structure will be implemented. Senator DeFrancisco explains how the plan evolved from the original proposal. Also in this budget are tax incentives to strengthen the agriculture and manufacturing industries. As for local roads and bridges, there is extra money to fix potholes after a severe winter, as well as funding for public transportation.
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