Alabama Education Budget Not Looking Good

It’s not looking good for the Alabama education budget this year.

<blockquote>

State Finance Director Jim Main said it was too early to
be definite, but withdrawals of anywhere from $100 million
to $300 million were possible, perhaps as soon as February.

Teachers’ lobbyist Paul Hubbert predicted $400
million or more could be withdrawn.

And the money problem likely isn’t just a one-year
deal.

The more Riley spends from savings to maintain budgeted
education spending in the 2008 fiscal year, which began Oct.
1, the worse the state’s revenue outlook will be for
next year.

Hubbert said state education spending in the 2009 fiscal
year could be lower than this year’s budgeted spending
of $6.7 billion.

“Well, I hope not, but that’s certainly a
possible scenario,” said Hubbert, who is executive
secretary of the Alabama Education Association.</blockquote>

Birmingham News: Alabama may have to dip into reserves to fully fund education in 2008

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