SB203 Summary

• Appropriates $357,290 from the Education Trust Fund to Lyman Ward Military Academy in Camp Hill, Alabama for fiscal year ending September 30, 2020.

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

• Requires submission of an operations plan for fiscal year 2020 with goals and measurable performance indicators and an audited financial statement for fiscal year 2018 before funds are released.

• Requires quarterly reports to the Director of Finance comparing actual expenditures and accomplishments to planned amounts, and an end-of-year performance report detailing work accomplished, services provided, and costs.

• Director of Finance must forward all required reports to the Legislative Council in a timely manner; act becomes effective October 1, 2019.