FN-HGKG986-2 Page 1 FISCAL NOTE Senate Bill 114 Committee: Finance and Taxation EducationSponsor: Senator Arthur Orr Analyst: John Friedenreich Date: 04/09/2025 Senate Bill 114 as reported by the Committee on Finance and Taxation Education would appropriate $1,249,991,080 from the Education Trust Fund (ETF) Advancement and Technology Fund for fiscal year 2025 as follows: 1.$342,125,000 to public institutions of higher education; and 2.$807,866,080 to the Department of Education to be allocated to the local boards of education, the Board of Trustees of the Alabama Institute for Deaf and Blind, the Board of Youth Services School Districts, the Board of Directors of the Alabama School of Fine Arts, the Board of Trustees of the Alabama School of Math and Science, the Board of Trustees of the Alabama School of Cyber Technology and Engineering; and the Board of Trustees of the Alabama School of Healthcare Sciences. ď‚·This bill would further provide that the funds allocated to the local school systems shall not be expended without prior approval of the State Superintendent of Education. 3.$100,000,000 to the Department of Education. Additionally, this bill would reappropriate unexpended and reverted funds from fiscal year 2024 in the amount of $35,057,322 to certain local boards of education. In addition, this bill would provide that all funds not expended in the current fiscal year shall not revert but shall be carried forward for the purposes appropriated.