JUNEAU — Gov. Sean Parnell’s budget director says there’s a smaller-than-expected hole in this year’s budget.
Karen Rehfeld told the House Finance Committee on Thursday that about $323 million would have to be transferred from reserves, rather than $410 million. She said that is due, in part, to a lower-than-expected supplemental budget request.
Rehfeld presented the administration’s budget amendments for this year and next. The amendments boost the overall supplemental request from $24.5 million to $26.8 million.
The total proposed budget for next fiscal year remains about $12.8 billion.
Amendments for next year include funding for the Tununak K-12 major school maintenance project.