HB141 Summary

• Appropriates $389,327 from the Education Trust Fund to Southern Preparatory Academy (formerly Lyman Ward Military Academy) in Camp Hill, Alabama for fiscal year ending September 30, 2023.

• Funds are subject to the Budget and Financial Control Act and Budget Management Act of 1976 under Alabama Code.

• Requires submission of an operations plan for fiscal year 2023 with goals and measurable performance indicators, plus an audited financial statement for fiscal year 2021 before funds are released.

• Mandates quarterly reports comparing actual to planned expenditures and accomplishments, plus an end-of-year performance report to the Director of Finance documenting work accomplished, services provided, and program effectiveness measures.

• Takes effect October 1, 2022; all required reports must be forwarded to the Legislative Council.