Alabama’s state finance director said today Gov. Kay Ivey would request increases in the state’s General Fund and education budgets but cautioned that lawmakers should prepare for leaner times.
Poole said the governor’s requested education budget calls for spending $8.79 billion from the Education Trust Fund next fiscal year, which starts Oct. 1. That’s a 6.5 percent increase over this year, which was the largest budget ever.
Another priority will be funding to support the Literacy Act and the Numeracy Act, initiatives aimed at improving reading and math instruction in the earliest grades. “We want to make sure those are fully implemented to their greatest capacity,” Poole said. Poole said priorities on the General Fund side include increasing a reserve fund, a substantial increase in state employees’ insurance costs, and rising costs for Medicaid and the Alabama Department of Corrections.
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