State Budget
Here are the details on Tuesday’s proposed constitutional amendment
Voters heading to the polls Tuesday will see a proposed constitutional amendment on the ballot. Amendment 1 would remove a procedural step when considering local legislation.
Proposed Ivey budgets: Income tax rebates; public money for charter schools; modest pay raises
Gov. Kay Ivey’s proposed budget for 2024 will call for state money for start-up charter schools, tax rebates for those who filed income taxes in 2021 and some pay raises for state employees.
COVID-19 Repercussions Will Strain Next Fiscal Year’s State Budget
The state budget is sure to take a hit next year. Lawmakers say it's too early to tell how big it will be.
What Expanded Gambling Could Mean for Alabama
State lawmakers took three legislative sessions to craft a bare-bones budget this year. Next year’s budget picture isn’t any rosier so calls are increasing for Alabama to expand gambling or start a lottery. Such a move would certainly mean revenue for the state, but just as with a roll of the dice, there’s risk. We start with that in this week’s Magic City Marketplace.
A Potential Change for Credit Unions has Banks Unhappy
One winner in the recovery since the Great Recession has been credit unions. They’ve seen growth in membership and lending activity. And that’s put them at odds with those who traditionally handle services like this – banks. We hear about it in this week’s Magic City Marketplace. Birmingham Business Journal editor Cindy Fisher Crawford tells WBHM’s Andrew Yeager about what drove that growth for credit unions.
