SB318 Summary

• Appropriates funds for support, maintenance, and development of public education in Alabama for fiscal year ending September 30, 2013, including debt service and capital outlay from the Education Trust Fund and other specified sources.

• Establishes the Foundation Program funding divisors for K-12 grades and sets salary matrices for instructional staff, support personnel, and school nurses based on years of experience and credentials.

• Appropriates approximately $4.36 billion to local boards of education for programs including foundation funding, transportation, at-risk students, and school operations.

• Allocates funding to state colleges and universities, including Alabama A&M, Auburn, University of Alabama, and other institutions for operations, maintenance, and specialized programs.

• Provides appropriations for various state educational agencies and programs including the State Department of Education, postsecondary institutions, vocational training, and special education initiatives.