News
 By  FROM STAFF REPORTS Published 
2:50 pm Monday, September 17, 2012

Citizens to vote in Alabama trust fund referendum Tuesday

Alabama voters will decide Sept. 18 if $437 million from a state trust fund should be used to prevent budget cuts.

The referendum is the only issue on the ballot. Voting yes would approve the constitutional amendment to allow $145.8 million a year for three years to be taken from the Alabama Trust Fund. Voting no would not allow any money to be used from the fund.

The fund was created in 1985 collect royalties from oil and natural gas wells drilled in Alabama coast state-owned waters.

If the amendment is not approved, the government will have to make cuts or find the money elsewhere. Budget cuts could cause a mass release of prisoners from Alabama prisons and healthcare services cuts.

Alabama Sen. Bill Holtzclaw wrote in his September newsletter, “If this option were going to truly solve our budget problems, I’d be out front supporting the measure. Unfortunately, this does not solve our long-term budget problems for Medicaid and prisons…it only kicks the proverbial can down the road for three more years as we hope the economy continues to improve while we continue to refine already scaled back state services through innovation and reform, such as sentencing reform addressing our prison overcrowding. On the other hand – this measure does just that – gives us three years to continue to work and make surgical cuts, rather than slashes, in our budgets.”

Read his newsletter in its entirety at http://district2.us/newsletter.html.

A sample ballot of the proposed amendment can be found at http://www.madisoncountyal.gov/voter/sampleballots.php.

In Madison, some voters are assigned to different polling locations than the locations for the municipal election in August. For state and federal polling locations in Madison, visit http://www.madisonal.gov/index.aspx?NID=756.

Also on The Madison Record
Madison Academy advances in baseball playoffs
Madison County Record, News, Schools, ...
MIKE EASTERLING 
May 1, 2026
MADISON – Freshman Chase Harris-Lambert set the tone for the pitching staff with six-plus innings in the first game, sophomore reliever Drew Holder sh...
Bob Jones falls in girls soccer; area softball starts
Madison County Record, News, Schools, ...
MIKE EASTERLING 
May 1, 2026
MADISON – Bob Jones was shut out 4-0 by Oak Mountain in a second-round game of the Class 7A girls playoffs Thursday. The Lady Eagles improved to 23-1-...
Mustangs, Jets host as baseball playoffs unfold
Madison County Record, News, Schools, ...
MIKE EASTERLING 
April 29, 2026
MADISON — James Clemens is preparing to host its first state baseball playoff series in four years when Hewitt-Trussville comes calling this weekend f...
“Exciting time on County Line” – Jets wins baseball Class 7A Area 8 title
A: Main, Madison County Record, News, ...
Bob Labbe 
April 29, 2026
MADISON - “Exciting time for folks on County Line.” Those words came freely from Johnny Johnson as head coach of the James Clemens baseball team which...

Leave a Reply

Your email address will not be published. Required fields are marked *