School systems get 75 percent of funds for month

Published 11:05 am Tuesday, November 25, 2008

Alabama’s 131 school systems have been informed that they will receive only 75 percent of their money from the state allotted for payroll for November.

State schools Superintendent Joe Morton said the 75 percent payments will be wired to the system’s accounts on Friday. He said Tuesday he hopes the systems will get the remainder of the November payroll funds by the following Friday, Dec. 5.

This is the second month in a row that the state has been unable to make its full payroll payment before the end of the month because of slow income tax and sales tax receipts.

Morton said the problem was also caused by starting the current fiscal year with almost no carry-over of funds.