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Last updated 2:41AM ET
March 5, 2021
Alabama
Alabama
Ala. Judge Creates $63 Million Hole In Budget
(2008-04-15)
(APR - Alabama Public Radio ) - A Montgomery judge has sided with a lawsuit that creates a $63 million hole in the state General Fund budget.

Circuit Judge William Shashy issued a preliminary injunction Tuesday against Gov. Bob Riley's transfer of $63 million to the state General Fund budget.

The money came from Alabama's litigation with Exxon Mobil over natural gas royalties. Tuscaloosa businessman Stan Pate sued the governor over the transfer. Pate argued that Riley should have put the money into a state savings account known as the Alabama Trust Fund.

Shashy issued an order Tuesday agreeing with Pate's arguments.

(Copyright 2008 by The Associated Press. All Rights Reserved.)
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