Bill > SB56

This bill proposes the operating budget for the State of Alaska for fiscal year 2026, appropriating funds to various state departments and agencies. The total budget is approximately $9.03 billion, with funding sources including unrestricted general funds, designated general funds, federal receipts, and other non-duplicated funds. Key provisions include appropriations for critical state services such as education, healthcare, public safety, transportation, and social services. The bill authorizes spending across multiple departments, including the Department of Education and Early Development, Department of Health, Department of Public Safety, and University of Alaska, among others. It also includes specific allocations for retirement system funding, salary adjustments, and collective bargaining agreements. The budget provides for ongoing state operations, infrastructure maintenance, and various social programs, with the ability to transfer funds between certain accounts and adjust appropriations based on actual revenue and receipt levels. Additionally, the bill includes provisions for fund capitalizations, such as the disaster relief fund, and sets guidelines for potential budget reserve fund appropriations if state revenues are insufficient to cover expenses.

Budget and Finance

Rules (Senate)

https://www.akleg.gov/basis/Bill/Detail/34?Root=SB56