Alabama Legislative Fiscal Office http://apr.org en Fiscal Cliff Settlement Costs Ala. Schools $70 M http://apr.org/post/fiscal-cliff-settlement-costs-ala-schools-70-m <P>Financial experts say the fiscal cliff agreement in Washington will cut funding for Alabama's public schools and colleges by at least $70 million annually.</P> <P>The fiscal cliff settlement affects Alabama differently than most other states. That's because Alabama is one of the few states that provides its citizens with a state income tax deduction for the federal taxes paid. The federal settlement allowed a temporary reduction in payroll taxes for Social Security and Medicare to expire. Mon, 11 Feb 2013 23:12:28 +0000 The Associated Press 24772 at http://apr.org Fiscal Cliff Settlement Costs Ala. Schools $70 M Expert: Alabama to See More Money for Education http://apr.org/post/expert-alabama-see-more-money-education <p>The Legislature's top financial expert is forecasting lawmakers will have more money to appropriate for education programs, but less for other state operations.</p><p>The director of the Legislative Fiscal Office, Norris Green, gave legislators a forecast Tuesday showing that revenue for the education budget should grow by $238 million in the new fiscal year starting Oct. 1. That means the budget could grow from $5.55 billion this fiscal year to $5.79 billion in the new year.</p> Tue, 05 Feb 2013 16:33:41 +0000 The Associated Press 24379 at http://apr.org Expert: Alabama to See More Money for Education Alabama Legislators to Get Financial Forecasts http://apr.org/post/alabama-legislators-get-financial-forecasts <P>Alabama legislators will get an overview of the state's financial situation before they begin their 2013 legislative session at noon.</P> <DIV> <P>The director of the Legislative Fiscal Office, Norris Green, and the state finance director, Marquita Davis, are scheduled to address legislators at 9:30 a.m. Tuesday in the Capitol. Tue, 05 Feb 2013 12:31:34 +0000 The Associated Press 24360 at http://apr.org Alabama Legislators to Get Financial Forecasts