SB181 Summary

• Appropriates $273,276 from the Education Trust Fund to Lyman Ward Military Academy in Camp Hill, Alabama for fiscal year ending September 30, 2015.

• Appropriation subject to the Budget and Financial Control Act and Budget Management Act of 1976, Code of Alabama 1975.

• Requires submission of an operations plan with goals and measurable performance indicators for fiscal year 2014-2015 and an audited financial statement for fiscal year 2012-2013 prior to fund release.

• Mandates quarterly reports to the Director of Finance comparing actual expenditures and accomplishments to planned amounts, plus an end-of-year performance report citing program effectiveness measures.

• Act becomes effective October 1, 2014.