JUNEAU—Today, the Alaska Senate passed Senate Bill 187, otherwise known as the capital budget. The budget totals $450 million of general fund dollars and is carefully crafted to promote infrastructure projects throughout the state, address the state’s backlog of deferred maintenance, support statewide weatherization, and increase resources for food security, among other priorities.
JUNEAU – Today, the Alaska State Senate concurred with the House changes to Senate Bill 140, effectively passing the largest increase to school funding in state history with a $680 increase to the Base Student Allocation. Senate Bill 140 will also significantly improve internet connectivity in rural Alaska, provide $10 million in additional funding for
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JUNEAU – The Senate Finance Committee introduced a committee substitute for the state’s operating budget this afternoon. The new committee substitute provides a permanent fund dividend consistent with a 75/25 percent of market value (POMV) split of the annual earnings, translating to an approximate $1,304 dividend. The committee substitute also increases the funds going to
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