At 2:25 the Alabama Senate called up the Alabama Education Trust Fund Budget (ETF), SB570. Senator Hank Sanders is the chairman of the Finance and Taxation Education committee. Sanders noted that this budget is late this year because of waiting on including federal stimulus dollars in the budget.
Senator Sanders also noted that this budget has between $800 and $700 million dollars less than the current year’s budget and that the stimulus money will fill the hole with about $300 million dollars. Senator Sanders offered a substitute first before taking in questions on the budget.
Stay tuned for more ETF budget happenings.