New fiscal year underway - Montgomery Alabama news.

New fiscal year underway

The new fiscal year began Thursday, for the state's education and general fund budgets.  Both of those budgets are being cut.  The Governor cut 7.5% to the education budget. 

For Montgomery that is a $11.2 million cut, $3.8 million for Autauga County and $3 million less for Elmore County.

The state's 7.5% cut means this year's budget is $5.3 billion dollars, down $1.4 billion less than 2008.

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