Ivey’s budget request includes $400 rebates, preparing for down times

Summary by Ground News

Gov. Kay Ivey's record budget proposal has three clear themes: targeted strategic investments, reducing debt obligations and increasing reserve accounts. The Legislature has the final say and could follow through on Ivey’s plan as is or drastically change how they handle the rebates. The budget proposal includes increasing the rainy day fund 50 percent, from $100 million to $150 million.

Published 2 months ago · Montgomery, United States

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Alabama Political Reporter

Ivey’s budget request includes $400 rebates, preparing for down times

State Finance Director Bill Poole told media Tuesday that Gov. Kay Ivey’s record budget proposal has three clear themes: targeted strategic investments, reducing debt obligations and increasing reserve accounts. “Alabama, especially considering the state of the nation’s economy, is on sound footing,” Ivey said in a statement Tuesday. “Our budgets are strong, and that is, no doubt, because of the fiscally conservative approach we have taken and c…

2 months ago

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TimesDaily

Ivey's budget includes $400 tax rebates

MONTGOMERY — Gov. Kay Ivey on Tuesday sent lawmakers state spending plans that include 2% raises for educators and state employees and $400 one-time tax rebates for people who filed income tax returns for 2021.

2 months ago

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