At the witching hour of midnight the legislative session closed up shop... Here is a brief summary:
- About $200 Million of the Rainy Day fund was used to help close the budget gap
- The tobacco tax was raised by $1.
- Public Schools will see a $10 Million decrease in spending.
- 11,000 new public ed students were not funded
- In reality, public schools will see about a 5% cut
- Current employees' retirement was not changed
- Changes to future employees (after July 1, 2011) were made
- Anyone retiring and looking to be rehired must wait a full year if they want to receive their pension and salary.
