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This report, directed by Bill Newton, provides a comprehensive overview of Alabama's economic data and financial condition as of December 14, 2009. It includes insights on unemployment rates, household employment changes, and employment statistics at the county level. Additionally, it discusses key financial metrics such as General Fund revenues, state employee numbers, education trust fund revenues, and retirement funding ratios. The document aims to inform stakeholders about Alabama's fiscal health and economic trends during this period.
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STATE GOVERNMENT FINANCE Bill Newton Acting Director of Finance December 14, 2009
TABLE OF CONTENTS • Economic Data • Alabama Economic Index • U.S. & Alabama Monthly Unemployment Rates • Change In Household Employment • Alabama Unemployment Rate by County • Financial Condition • State General Fund Revenues • General Fund and Stimulus Funds • Number of State Employees • Education Trust Fund Revenues • ETF & Stimulus Funds • Total Bonded Indebtedness • Alabama Trust Fund Corpus
TABLE OF CONTENTS (Continued) • Benefit Trends • Retirement Funding Ratios • Employer Retirement Rates • Employer Insurance Rates • TRS Retirement Funding Ratios • TRS Employer Retirement Rates