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Ivey's record budget proposals increase reserves amid 'unsustainable' revenue boom

Summary by Ground News
Gov. Kay Ivey proposes $2.96 billion General Fund and $8.80 billion Education Trust Fund budgets for 2024. The proposal also includes 2% pay increases for all state employees and a $400 rebate to all tax filers. The state's finance director is also warning that Alabama's economy won't be able to sustain historic revenue levels for too long.

1 Articles

The Montgomery AdvertiserThe Montgomery Advertiser
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Ivey's record budget proposals increase reserves amid 'unsustainable' revenue boom

The proposals give funding increases to most agencies and adds millions to improving K-12 math education and after school care programs.

·Montgomery, United States
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The Montgomery Advertiser broke the news in Montgomery, United States on Tuesday, March 21, 2023.
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