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Alaska Senate Approves $248M Capital Budget

Published 20 hours ago
Description

Alaskas Senate Finance Committee approves a $248 million capital budget, surpassing the governors proposal by $88 million. The funds will primarily address crumbling schools and state buildings, with $100 million allocated for repairs. Senator Bert Stedman aims to secure half of this amount in the full legislature. The budget prioritizes deferred maintenance, allocating $57 million for K-12 school repairs, excluding Galenas $5 million project. Rural schools and Native districts express concerns about the ranking system, which they believe disadvantages them. The draft also includes $12 million for Stebbins fire-damaged school and $14 million for Mt. Edgecumbe Highs deteriorating conditions. Anchorage senators request for $25 million for the port is denied to preserve school funding. The bill proceeds to a full Senate vote, aiming to secure real fixes before funds run out, while balancing statewide needs and avoiding shortchanging rural areas.

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