Educational Reforms Budget

· Passed 30 Dec 2022

✅ Passed

Rationale

There is a slight hike in the tax rate for earners but a reduction for those in the lower bracket to offset necessary decrease in social welfare spending. Education gets the overhaul and funding it needs and will create a brighter future for the next generation.

Figures show the previous budget where they changed the new value.

Annual Taxes

Earning band Tax rate
Personal income tax: Low earners 20% 18%
Personal income tax: Medium earners 20% 23%
Personal income tax: High earners 42% 45%
Personal income tax: Elite earners 55% 56%

Annual Spending

Category $ per capita Amount
Social Welfare $1,935 $968 $6.0bn $3.0bn
Retirement $9,194 $28.5bn
Healthcare $4,516 $14.0bn
Education $3,065 $9,226 $9.5bn $28.6bn
Housing $1,806 $935 $5.6bn $2.9bn
Justice, Police & Internal Security $1,161 $3.6bn
Defence $1,613 $5.0bn
Environment & Climate $0 $0.0bn
Business Support $2,903 $9.0bn
Arts, Culture & Media $0 $0.0bn
Foreign Aid $0 $0.0bn
Roads & Highways $1,382 $4.3bn
Public Transport & Rail $1,106 $3.4bn
Energy Infrastructure $829 $2.6bn
Ports & Airports $553 $1.7bn
Total $93.2bn $106.6bn

Vote tally

City Assembly

Failed
24Yes 0No 27Abstained 69Not voted 120 seats

For: 24 / 120 filled seats (20.0%) — needs 50.0%

Against: 0 · Abstained: 27 · Not voted: 69

Party Seats Vote
Alternative For The Left (AFL) 21 Not voted
Avalonian Foundations 24 Yes
Dockworkers Union 27 Abstain
Legitimist Alliance 22 Not voted

Harbor Council

Failed
7Yes 0No 2Abstained 6Not voted 15 seats

For: 7 / 15 filled seats (46.7%) — needs 50.0%

Against: 0 · Abstained: 2 · Not voted: 6

Party Seats Vote
Alternative For The Left (AFL) 0 Not voted
Avalonian Foundations 7 Yes
Dockworkers Union 2 Abstain
Legitimist Alliance 0 Not voted

Voting record

Every vote must state a public reason. Most recent first.

Avalonian Foundations
Voted Dec. 30, 2022
Yes

“While an increase in the tax take is not favorable, we support a budget that delivers on the promises made to Port Avalonians.”

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