HB123 Summary: Education Appropriations for FY 2012

• Appropriates funds for Alabama public education support, maintenance, and development for fiscal year ending September 30, 2012, including debt service and capital outlay from the Education Trust Fund and other designated sources.

• Allocates $3.8 billion for Foundation Program (K-12 local boards of education), $295 million for transportation, and $22.7 million for at-risk student programs with specified salary matrices for teachers and support staff.

• Appropriates $1.1 billion for Two-Year College System operations, $4.4 billion for various state universities, and funding for higher education institutions including Auburn, University of Alabama, and Alabama A&M.

• Sets State Employee Health Insurance Board (SEIB) rate at $765 per month per full-time employee and includes conditional appropriations of $30 million pending availability of funds for Education Department initiatives and rehabilitation services.

• Includes disaster relief appropriations of $5 million total to Mobile and Baldwin County school boards to address Deepwater Horizon Oil Spill impacts, with provisions requiring repayment of any BP settlements received.