• Registered: 05-22-2009
  • Posts: 1

Topic: Alabama PACT Board Meeting Minutes Available Online

Naturally, they aren't (as of 5/22) linked to anywhere on the Treasury or PACT Web sites.  But if you dig through Google with just the right keywords, you can find them.

2009:  http://www.treasury.state.al.us/PACT/Do … 202009.pdf

2008: http://www.treasury.state.al.us/PACT/Do … 202008.pdf

2007: http://www.treasury.state.al.us/PACT/Do … 202007.pdf

2006: http://www.treasury.state.al.us/PACT/Do … 202006.pdf

2005: http://www.treasury.state.al.us/PACT/Do … 202005.pdf

2004: http://www.treasury.state.al.us/PACT/Do … 202004.pdf

I can't get the 2009 link to work, but the 2006 minutes are very revealing since they're a transcript of the meeting - not just a list of motions.

I also blogged about some of what I found at Left In Alabama:

Actuary Warned Alabama PACT Board in 2005 That Program "Not Viable" - He Didn't Get the Job:
http://leftinalabama.com/diary/3982/act … et-the-job

  • From: Lanett, Alabama
  • Registered: 03-27-2009
  • Posts: 122

Re: Alabama PACT Board Meeting Minutes Available Online

An excerpt from Kay Ivey's Board Meetings minutes on May 20, 2009

•    Program account statistics were provided as of April 30, 2009:
o    Active accounts:  48,856
o    Students eligible to use benefits:  20,155
o    Total tuition and fee benefits paid since inception:  $426,757,359
o    Tuition and fee benefits paid in fiscal year 2008:  $58,582,000
o    Number of accounts cancelled in March and April:  1,170
o    Amount refunded in March and April:  $14,653,064


They went 1170 supporters who did not join SaveAlabamaPACT.com.

I honestly wonder, sadly, where that money will now be invested for their children's education?

Einstein once said, 'The definition of insanity is doing the same thing over and over again and expecting different results.'

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