Alabama Nesties
Dear Community,

Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.

If you have questions about this, please email help@theknot.com.

Thank you.

Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.

Info on Amendment 1

Just in case you haven't gotten the details:

We all have a chance to make an investment in the future of education in Alabama when we go to the polls Tuesday, Nov. 4, by voting yes on "Rainy Day" Amendment 1. The history behind the amendment is this: Six years ago, state leaders created a savings account from a small percentage of earned oil and gas royalties. Voters approved that measure at the polls. Funds were set aside beginning in 2002 to help cover a future shortfall of up to $248 million in the Education Trust Fund, including a mechanism requiring that the money be paid back into the rainy day account for use again when needed. Money was borrowed from the fund in 2003 and repaid. The referendum on the upcoming Nov. 4 ballot simply updates that amount to $437 million. The only statewide Constitutional referendum on the ballot, Amendment 1 is an important option that will allow the state of Alabama to sustain some momentum and minimize the negative impact on our educational institutions and keep them moving forward. The Rainy Day Amendment will lessen the impact of proration at the most critical time in the modern history of Alabama. The referendum will allow the public schools to borrow money from the Alabama Trust Fund, a $3.2 billion savings pool derived from the sales of drilling rights and leases. These dollars have been set aside for a time like this, and the Constitutional referendum is required to open that vitally needed credit line. As you prepare to vote on Nov. 4, please consider these four important facts: - This amendment will effectively manage proration of the education budget -- K-12-Ph.D. - It will create a mechanism for the General Fund so that cuts to Medicaid and health and human services will be minimized during this current year. - It will not raise your taxes. - This is not a Wall Street-style bailout. Money transferred to prevent proration must be paid back in full within six years.

Re: Info on Amendment 1

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