Page 30 - Black Modern Annual Report A4

Priority Five: Organizational Effectiveness
and Efficiency

Strategy One: Optimize institutional performance

Alabama Education Trust Fund (ETF) Appropriations
Split Percentage Split Percentage
of ETF of ETF of ETF of ETF
Appropriation Split Appropriation Split
Sectors FY23-24 FY23-24 FY24-25 FY24-25
K-12 $5,988,075,237 68.06% $6,363,394,077 68.07%

Public Universities $1,552,931,498 17.65% $1,665,479,743 17.82%
Public Two-Year Colleges $551,286,557 6.27% $586,946,967 6.28%
Other Higher Ed $56,588,689 0.64% $55,143,912 0.59%

Financial Aid & Scholarships $94,658,066 1.08% $84,551,121 0.90%
ACHE Operations $3,900,978 0.04% $4,446,209 0.05%
All Other $551,153,016 6.26% $588,544,140 6.30%
Total $8,798,594,041 100% 9,348,506,169 100%

Percentage of ETF Appropriation for Education FY24-25

Financial Aid and ACHE
Scholarships Operations
0.90% 0.05% All Other
6.30%
Other Higher
Ed
0.59%

Public Two-
Year Colleges
6.28%

Public
Universities
17.82%
K-12
68.07%

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