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AL HB171
Bill
Status
3/21/2023
Primary Sponsor
Barbara Boyd
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AI Summary
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Appropriates $1,069,234 from the Education Trust Fund to Talladega College for support and maintenance of the institution's educational program for fiscal year ending September 30, 2024.
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Requires submission of an operations plan for fiscal year 2024 with goals and measurable performance indicators to the Director of Finance before funds are released.
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Requires submission of an audited financial statement for fiscal year 2022 operations before funds are released.
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Mandates quarterly reports comparing actual expenditures and accomplishments to planned expenditures and accomplishments, with an end-of-year performance report due to the Director of Finance.
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Becomes effective October 1, 2023, and requires the Director of Finance to forward all required reports to the Legislative Council in a timely manner.
Legislative Description
To make an appropriation of $1,069,234 from the Education Trust Fund to Talladega College in Talladega, Alabama for the support and maintenance of the educational program of the institution, for the fiscal year ending September 30, 2024; to provide that the appropriation is subject to certain provisions of the Code of Alabama 1975; to require an operations plan and an audited financial statement prior to the release of any funds; and to require an end of year report.
FY24 Talladega College Appropriation
Last Action
Introduced and Referred to House Ways and Means Education
3/21/2023