We have managed to make the budget fiscally sound and have set aside $175 million for our reserve fund and $145 million for repair and renovation of state owned buildings. We also gave local governments authority to enact a quarter-cent sales tax or a land transfer tax of 4/10 of a penny with voter approval. This will help them build new schools to lessen the demands of increasing school populations and to make other infrastructure improvements without raising property taxes.
We know that our citizens work hard to provide for their families and pushed for a 3.5 percent refundable earned income tax credit to help working families, small businesses, and people who earn about $40,000 or less. We also appropriated $3 million to the