Assembly begins in-depth amendment process Wednesday to draft plan for fiscal year starting July 1.
Gov. Mike Dunleavy told reporters that he’s ‘open to the increase’ proposed by lawmakers.
Alaska Senate sends draft capital budget to House as work continues on a state spending plan
Changes during floor debate include $9M by Rep Andi Story, D-Juneau, for youth reading program.
Bartlett has lost millions annually since ‘20, will be broke in three years without fixes, CFO says.
Financial estimates show may not be enough revenue to cover the Legislature’s draft spending plan.
$12.3 billion spending plan includes PFD of more than $2,700, but lawmakers expect changes.
Plan boosts dividends $444 by abandoning agreement to put half the amount in reserve fund.
House Finance Committee awaiting new revenue estimates for the coming year before finishing draft.
However, a “statutory” $3,688 PFD would result in a deficit of more than $1.2 billion, report says.
New plan moves staff from Permanent Fund building, opening space for city to put all employees there
Board to meet next week to review all non-required expenses, such as student activities, for cuts.
Republican Gov. Mike Dunleavy’s administration has missed a legal deadline to expand Alaska’s public spending database to some of its most heavily scrutinized state corporations,… Continue reading
Southeast items include $9.5M to replace patrol vessel, $1.5M to thin “overly dense young forests.”
Items to escalate state’s subsistence fight with feds and enhance drone use for law enforcement.
Revenue forecast also released calls for oil prices that could result in supplement to PFD.
Dunleavy also highlights initiatives to address “affordability” issues, and charter and home schools.
