Stedman-Press

JUNEAU – This afternoon, the Senate passed its version of the state’s operating budget, House Bill 268, on a vote of 17-3. The $6.25 billion operating budget leaves $196 million in surplus revenue available for pending legislation, including the state’s capital budget. The operating budget, crafted by Senate Finance Co-Chair Senator Bert Stedman, R-Sitka, demonstrates […]

JUNEAU – Today, the Alaska Senate passed House Bill 39, Fiscal Year 2024 operating and capital budgets. The Senate’s version of the budget increases education funding outside the formula by $174.9 million – the single largest increase in state history, provides Alaskans with a $1,300 permanent fund dividend, and leaves the state with a $84.2