Secondary teachers will vote on a new pay offer next week.

The Government's agreed to offer the 14.5 percent increase recommended by an Arbitration Panel.

$374 million worth of savings have been found within the education budget.

Education Minister Jan Tinetti says that includes deferring projects at Te Ao Marama and Hobsonville Point Secondary School.

They are part of a Public Private Partnership Schools Expansion.

"We are not cutting them, we are deferring them. We are still working through the design process with those schools, but we're just giving ourselves some time."

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