Disasters, Dividends and Deficit: Alaska Governor Unveils First-Draft State Budget

Disasters, dividends and deficit: Alaska governor unveils first-draft state budget

Alaska Gov. Mike Dunleavy speaks during a news conference in Juneau on Thursday, April 27, 2023. To his side is a screen displaying significant budget deficits and exhausted savings accounts if oil prices perform as expected. (Photo by James Brooks/Alaska Beacon)Alaska Gov. Mike Dunleavy is proposing to spend more than $1.8 billion from the state’s principal savings account to balance a first-draft spending plan that would cover Alaska’s respons…

Dunleavy unveils first-draft state budget

Alaska Gov. Mike Dunleavy is proposing to spend more than $1.8 billion from the state’s principal savings account to balance a first-draft spending plan that would cover Alaska’s response to recent disasters, the state’s annual expenses in the next fiscal…