June 30 is supposed to be a big day for the Pennsylvania General Assembly. It is the end of the fiscal year, and the deadline for passing a new state budget. But similar to last year, lawmakers are set to fly right by the day with no deal set in stone.

The Pennsylvania Senate wrapped up session today with the announcement they will return on Monday at 3pm.

The House will hold session tomorrow, then most elected officials will head home for the weekend.

Party leadership will spend the last days of June hashing out the final details of Pennsylvania’s state budget.

Sen. Jay Costa, (D-43) Minority Leader in the Senate, said this afternoon that leadership is making progress and he is hopeful for a full budget to still be passed next week.

“It's a very strong possibility that when we come back here Monday, we will be well-positioned to be able to run through the bills that need to be done. My expectation is that we should be done by the end of July 3rd,” said Costa.

Still, work remains before a finish line is officially in sight.

The Independent Fiscal Office has estimated Pennsylvania will bring in around $45.9 billion in revenues for the 2024/25 fiscal year (page 7).

In February, Governor Josh Shapiro proposed $48.3 billion in General Fund spending. Republicans balked at the 8% increase compared to last year’s budget of roughly $45 billion.

“A budget of this magnitude— this is a significant undertaking to make certain that we're all on the same page with respect to many of the measures,” said Costa.

“When you think about when we're sitting on $14 nearly $15 billion in excess revenue, when you're talking about a major education reform with respect to how we fund our schools across the Commonwealth, large economic development proposals that are out there— it takes some time to be able to work through all the nuances of some of those things,” said Costa.

Rep. Bryan Cutler, minority leader in the House, also confirmed that budget talks are on going as the weekend starts.

Looking to education, Democrats and Republicans remain divided on how much new money should be spent, as well as how the money should be split between areas like building upgrades or special education.

There is also differing opinions on a new adequacy formula in Basic Education Funding that Democrats put forward.

As leadership continues discussions, local elected officials remain concerned with getting a budget passed promptly.

“Everybody else's budgets reflect us getting ours done. So if we don't get our budget done, then they can’t,” said Rep. Clint Owlett (R-68). “Our school districts and municipalities and those that are working with us through, you know, grant programs or whatever, they're not able to finalize their [budgets]."