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2/7/2012
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Alabama
Legislative Joint Hearing: FY 2012-2013
•
=
Condition =
of
the State
General Fu=
nd
&
Education
Trust Fund
Presented by:
=
;
Marquita F. Davis,
Ph.D.
Director of the
Department of Finance
State of Alabama<=
/span>
Economic Data
Alabama&=
#8217;s
Unemployment Rate
2008-2010
2008 4.8%
=
3;
2009 10%
=
3;
2010 10.1%
![](3D"slide0036_image002.gif")
![](3D"slide0035_image004.gif")
<=
![endif]>Bureau of Labor Statistics
National Unemployment Rates vs. Alabama
Unemployment Rate
![](3D"slide0040_image006.gif")
Selected
Information Regarding Job 2012
(Jobs indicated are cumulative)
<= /span>
(Jobs indicated are cumulative)
<= /span>
2012
BRAC-Contractor
Support 3,000 Jobs
Created
Thyssen Krupp 2,700 Jobs Created
BRAC 2,300 Jobs Created
Austal 2,113 Jobs Created
Dynetics Inc. 1,214 Jobs Created
![](3D"slide0044_image007.gif")
Revenue
Sources for the ETF and General Fund 2011 & 2012
<=
b>ETF
2011
2012
Sales Tax
4%
1.8%
Individual Income Tax
(3.5%)
5.1%
Corporate Income Tax
(13.7%)
(20.3%)
![](3D"slide0044_image008.gif")
ETF
2011 Growth
2012 YTD Growth
Sales Tax
4%
1.8%
Individual Income Tax
5.1%
1.78%
Corporate Income Tax
(20.3%)
20.11%
General Fund
2011 Growth
2012 YTD Growth
=
Insurance Premium <=
/span>=
Tax
7%
(18.9%)
Ad Valorem
(.85%)
5.85%
Cigarette Tax
(60% of 42.5)
(1.10%)
(7.38%)
Alabama Trust Fund
2011
<=
/div>
119M transferred to the General
Fund, 56M
was Unrealized Capital Gains and 63M
was Interest Earned
2012 YTD
303M transferred to the General
Fund,
266M was one-time error,
<=
/span>
13M was Unrealized Capital Gains
and
24M was Interest Earned
Looking at The
Budgets Through the Rear View Mirror
![3D"MP900399722[1]"](3D"slide0037_image010.gif")
Director of
Finance Presentation to
Joint Budget Hearings
January 21, 1988
Robin Swift, Director of Finance
Joint Budget Hearings
January 21, 1988
Robin Swift, Director of Finance
“As all of =
you
are aware, there has been very little growth in General =
Fund Revenues dur=
ing
the past five years.”
=
;
“It is my h=
ope
that the General Appropriation Bill can be written so that <=
span
style=3D'position:absolute;top:46.25%;left:5.99%;width:91.38%;height:4.0%'=
>our continuous
reliance on one-time money “fixes” will cease.”
=
;
=
“I am propo=
sing
that to solve the problems in the General Fund and <=
span
style=3D'font-family:"Bookman Old Style";mso-ascii-font-family:"Bookman Ol=
d Style";
mso-hansi-font-family:"Bookman Old Style";font-size:56%'>provide a growth =
tax
in that fund…”
=
;
<=
span
style=3D'mso-special-format:nobullet;display:none;font-family:Arial'>̶=
6;“Again Ladi=
es
and Gentlemen, to take this step toward solving the funding problems =
in
the General Fund will take courage. I challenge <=
span
style=3D'font-family:"Bookman Old Style";mso-ascii-font-family:"Bookman Ol=
d Style";
mso-hansi-font-family:"Bookman Old Style";font-size:56%'>you to pass the
appropriate legislation to accomplish this recommended appro=
ach.
The alternative is to add to the already heavy <=
span
style=3D'font-family:"Bookman Old Style";mso-ascii-font-family:"Bookman Ol=
d Style";
mso-hansi-font-family:"Bookman Old Style";font-size:56%'>tax burden of our
citizens.”
![](3D"slide0048_image011.gif")
General
Fund Top Obligated Appropriations
1980
1980
General Fund
1980
Medicaid
23.93%
Unified Judicial System
10.26%
Department of Public Safety
9.19%
Mental Health
8.01%
Corrections
6.59%
Department of Public Health
4.81%
DHR
3.71%
Employees Retirement System
2.44%
Agriculture and Industries
1.68%
District Attorneys
1.38%
* Percentage of total Gener=
al
Fund appropriation per department
![](3D"slide0049_image012.gif")
General
Fund Top Obligated Appropriations
1990
1990
General Fund
1990
Medicaid
16.59% (119M)
Corrections
16.51% (119M)
Mental Health
9.01%
Unified Judicial System
8.95%
Public Safety
6.75%
Public Health
3.94%
DHR
2.91%
District Attorneys
1.81%
Forestry Commission
1.78%
Pardons and Parole
1.30%
* Percentage of total General
Fund appropriation per department
![](3D"slide0050_image013.gif")
General Fund Top Obligated <=
span
style=3D'font-family:"Bookman Old Style";mso-ascii-font-family:"Bookman Ol=
d Style";
mso-hansi-font-family:"Bookman Old Style";font-size:73%;color:black'>Ap=
propriations
2000
2000
General Fund
2000
Medicaid
20.81%
Corrections
16.21%
Unified Judicial System
9.22%
Mental Health
7.10%
Public Safety
5.6%
DHR
5.56%
Public Health
5.05%
Youth Services
2.10%
District Attorneys
1.90%
* Percentage of total Gene=
ral
Fund appropriation per department
![](3D"slide0051_image014.gif")
General
Fund Top Obligated Appropriations
2010
2010
General Fund
2010
Medicaid
21.09%
Corrections
18.43%
Unified Judicial Systems
9.92%
DHR
6.56%
Mental Health
6.07%
Public Health
5.50%
Public Safety
4.79%
Fair Trial Tax
2.71%
District Attorneys
2.42%
Pardons and Parole
2.35%
* Percentage of total Gener=
al
Fund appropriation per department
Cross Comparis=
on
of General Fund Appropriations by Departments
1980, 1990, 2000, & 2010
1980, 1990, 2000, & 2010
Medicaid Corrections
1980-$71,000,000<=
span
style=3D'mso-tab-count:4;width:41.33%'> 1980-$19,557,722
1990-$119,989,655=
1990-$119,430,656
2000-$224,624,007=
2000-$174,978,260
2010-$307,968,534=
2010-$269,028,280
(416M Federal
Stimulus)
=
;
Unified
Judicial System Mental
Health
1980-$30,442,834<=
span
style=3D'mso-tab-count:4;width:41.33%'> 1980-$23,750,000
1990-$64,717,198<=
span
style=3D'mso-tab-count:4;width:41.33%'> 1990-$65,163,646
2000-$99,540,033<=
span
style=3D'mso-tab-count:4;width:41.33%'> 2000-$76,590,462
2010-$144,808,839=
2010-$88,663,072
=
=
;
Public Safe=
ty DHR
1980-$27,260,000<=
span
style=3D'mso-tab-count:4;width:41.33%'> 1980-$11,000,000
1990-$48,807,714<=
span
style=3D'mso-tab-count:4;width:41.33%'> 1990-$21,057,766
2000-$60,471,012<=
span
style=3D'mso-tab-count:4;width:41.33%'> 2000-$60,020,615
2010-$69,918,400<=
span
style=3D'mso-tab-count:4;width:41.33%'> 2010-$95,751,157
![](3D"slide0053_image015.gif")
General =
Fund
Total Appropriations
Year
Appropriation
1980
$296,662,543
1990
$723,193,888
2000
$1,079,270,960
2010
$1,460,044,163
Cross Comparis=
on
of ETF Appropriations
by Departments
1980, 1990, 2000, & 2010
by Departments
1980, 1990, 2000, & 2010
ETF: K-12
*
1980-47.03% -
$596,248,114
1990-27.42% -
$675,277,424
2000-65.56% -
$2,691,129,184
2010-63.66% -
$3,383,727,066
ETF: Two-Ye=
ar
College System *
1980-6.19% -
$78,461,395
1990-5.92% -
$145,883,241
2000-5.33% -
$218,878,199
2010-6.19% -
$328,959,128
ETF: Depart=
ment
of Education *
1980-6.43% -
$81,553,126
1990-1.99% -
$49,089,574
2000-1.74% -
$71,492,534
2010-3.92% -
$208,617,284
*Percentage of to=
tal
ETF appropriation per department
![](3D"slide0054_image016.gif")
ETF Total Appropriations=
Year
Appropriation
1980
$1,267,797,291
1990
$2,462,463,016
2000
$4,105,099,590
2010
$5,315,376,044
Line
Item Appropriations for General Fund and ETF: A Historical Look
1980
GF-212
ETF-51
1990
GF-225
ETF-65
2000
GF-233
ETF-83
2010
GF-196
ETF-86
Objects
in Mirror Are Closer Than They Appear =
General Fund a=
nd
ETF
FY 2011 & FY 2012
FY 2011 & FY 2012
![3D"Objects](3D"slide0038_image018.gif")
Updates: FY 20=
11
and FY 2012
![3D"C:\Documents](3D"slide0006_image020.gif")