Alabama Schools in the Red

By: Associated Press
By: Associated Press

Alabama education officials say the state's school systems will likely enter the 2009 fiscal year that begins in two weeks already in the red.
State legislators passed a reduced bedget in May, cutting it to $6.36 billiion in fiscal year 2009, down from the current $6.73 billion.
Losing $370 milion means a 3 percent cut for K-12 schools, an 8 percent cut for two-year colleges, and an 11 percent cut for two-year colleges, and an 11 percent cut for universities.
Officials had hoped to have $63 million left over from the current year, but all of that money was spent to finish out fiscal year 2008.


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