NEWS: Senate Passes FY26 Capital Budget Prioritizes Deferred Maintenance, Safety Upgrades, and Essential Infrastructure Through Strategic Spending
Juneau, AK — Today, the Alaska Senate passed the Fiscal Year 2026 Capital Budget, Senate Bill 57, advancing a $2.9 billion plan emphasizing statewide infrastructure maintenance, public safety upgrades, and essential infrastructure investments. The capital budget includes $162 million in UGF spending—$119 million less than the Governor’s proposal—achieved through targeted reductions, fund reappropriations, and a […]