Ivey sends $2.7B Education Trust Fund proposals to Legislature

—

March 21, 2023

Citing a strong economy Tuesday, Gov. Kay Ivey sent a $2.7billion Education Trust Fund proposal to the Legislature.

“Alabama, especially considering the state of the nation’s economy, is on sound footing,” she said. “Our budgets are strong, and that is, no doubt, because of the fiscally conservative approach we have taken and continue to take.”

Ivey said the supplemental appropriations, which total $2,787,667,309 will help Alabamians’ everyday lives.

“Just as every Alabama family budgets to invest, pay their debts and increase their savings, my budget proposals do just that for our state,” she said. “From returning our taxpayers’ hard-earned dollars back to them to making historic investments in our students’ education, these budgets will help foster a strong Alabama today and a stronger Alabama tomorrow.”

Ivey’s proposed Education Trust Fund appropriations include:

$966,728,000 to the Department of Revenue
$18,552,126 to Debt Service
$20,000,000 to the Department of Finance
$58,973,683 to the State Board of Education
$604,000,000 to the State Department of Education
$200,000 to the Alabama Fire Fighters Personnel Standards and Education Commission/ Alabama Fire College
$59,127,185 to the Retirement Systems of Alabama
$164,500,000 to the Department of Commerce
$35,000,000 to the Alabama Innovation Fund
$31,000,000 to the Alabama School of Healthcare Sciences in Demopolis
$3,000,000 to the Alabama School of Mathematics and Science.
$3,000,000 to the Alabama School of Fine Arts
$3,000,000 to the Alabama School of Cyber Technology and Engineering
$200,000,000 to the Department of Economic and Community Affairs for one-time expenses of the Main Street Program
$100,000 to the Alabama Commission on Higher Education
$4,134,315 to the Department of Early Childhood Education
$2,300,000 to the Department of Rehabilitation Services
$10,969,937 to Alabama A&M University
$8,399,461 to Alabama State University
$58,173,691 to the University of Alabama at Tuscaloosa
$58,173,691 to the University of Alabama at Birmingham
$19,287,652 to the University of Alabama in Huntsville
$6,758,853 to Athens State University
$58,173,691 to Auburn University
$11,208,364 to Auburn University at Montgomery
$17,727,654 to Jacksonville State University
$5,541,737 to University of Montevallo
$15,170,803 to the University of North Alabama
$36,873,054 to the University of South Alabama
$10,604,348 to the University of West Alabama
$33,546,233 to Troy University
$7,000,000 to Tuskegee University
$252,390,831 to the Alabama Community College System
$2,000,000 to the Marine Environmental Science Consortium
$2,000,000 to the Alabama Space Science Exhibit Commission