Northern Ireland's Finance Minister Sammy Wilson has presented revised four-year budget proposals to a special session of the Assembly in Stormont.
The Ulster Unionists and SDLP opposed reallocations which will see health and education handed extra money because they believe the review does not go far enough.
The two dominant parties in the power-sharing executive, the DUP and Sinn Féin, want to agree the budget plan before the Assembly dissolves for elections in May.
An extra £432m has been raised for public services in Northern Ireland, the Finance Minister said.
Health, education, employment and learning and regional development will all benefit.
Minister Wilson is also proposing to increase the rates levied on large retail developments, including out of town shopping centres, and passing on the benefits to small businesses in the form of rates reductions.
It is understood he has an annual rebalancing figure of £10 million in mind and that he wants to introduce the changes next year.
Mr Wilson published a draft budget last December and has made some changes to the proposals since then.
An additional £120 million is being allocated to Health - where Ulster Unionist Michael McGimpsey is currently in charge.
There is an extra £70m for Employment and Learning, where another UUP member Danny Kennedy is the minister, and where proposed university fees of £6,000 is an issue.
But the budget in the Social Development department, where the SDLP's Alex Attwood is currently in charge, would be cut by £70m.
Assembly members will have the chance to vote on the proposals next week.
The money over four years included:
£120m for the Department of Health supplemented by a further £69m following an internal reclassification of some money;
£154m for the Department of Education;
£51m for the Department of Employment and Learning;
£107m for the Department for Regional Development.
The dissolution of the Assembly is due to take place on March 25th with elections scheduled for 5 May.
