September 18th

Alabama Trust Fund Not Taking Stand On $437M Vote

Aug 23, 2012
http://governor.alabama.gov / Office of the Governor

The board that oversees the Alabama Trust Fund is not taking a position on whether voters should approve taking more than $437 million out of the fund to help operate state government.

The board chairman, Gov. Robert Bentley, said he did not ask the board to take a position during a meeting Thursday because the board manages the $2.3 billion fund, but it's up to voters to decide the issue in a statewide referendum Sept. 18.

Ala. Governor: Pay Back $146 M To Trust Fund

Aug 21, 2012
Sutherland Boswell / Wikimedia Commons

Gov. Robert Bentley says he and legislative leaders are committed to paying back the money if Alabama voters agree to take more than $437 million from a state trust fund to balance the state General Fund budget for three years.