State budget tops $101.5 billion, bolstered by federal COVID aid

It includes $22.4 billion for K-12 schools, a $532 million increase on the current year, amounting to $7,795 in per student funding, or a $38.71 hike. That includes $550 million to increase the salaries of teachers, a $50 million increase, and part of DeSantis’ push to get all teachers to a minimum salary of $47,500.