Committee: Ways and Means EducationSponsor: Poole
Analyst: Dustin JonesDate: 02/07/2018

FISCAL NOTE

House Bill 174 as substituted and reported by the Committee on Ways and Means Education provides for a 2.5% salary increase for public education employees of the several local boards of education, the Alabama Institute for Deaf and Blind (AIDB), the Department of Youth Services School District (except employees covered under the state's merit system), the Alabama School of Fine Arts, the Alabama High School of Mathematics and Science, and the two-year postsecondary institutions under the State Board of Education for the fiscal year beginning October 1, 2018. The total estimated cost of this salary increase is $102.4 million , including the associated retirement and FICA, for the fiscal year ending September 30, 2019 and each year thereafter.

In addition, the act will increase the obligations of the funds of the various local boards of education by an undetermined amount for the fiscal year ending September 30, 2019 and each year thereafter by amounts dependent upon the extent that local boards of education have employees paid from federal or local funds or provide a pay raise on salary supplements.


 Bill Poole, Chair
Ways and Means Education