This document presents funding proposals from the Alabama Commission on Higher Education for 1993-94. A cover letter states that certain conditions should apply before the recommended improvements in the allocation of scarce education resources take place: that the distribution of funds between the broad sectors of education remain as in previous years; that after 3 years of proration and reduced funding all institutions receive inflationary relief before any differential funding is provided to any institution; that funds beyond the cost of living adjustment be distributed according to the Equity Increment Index, and that all institutions attain 100 percent of the Regional Standard funding at the same time. Individual sections cover the following: (1) the executive summary of the 1993-94 Unified Budget Recommendations; (2) a detailed presentation of the Higher Education Unified Budget Recommendations Programs for the 1991-92 and 1992-93 appropriations, 1993-94 requests, regional standards, and recommendations; (3) funding formulas and the recommendation process; (4) funding formula supporting data for senior institutions; (5) funding formula supporting data for two-year institutions; and (6) critical capital needs in Alabama public higher education. An appendix provides summaries of funding requests and recommendations of capital for Alabama Public Higher Education institutions. (JB)