Legislature(1995 - 1996)
1996-02-12 House Journal
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Full Journal pdf1996-02-12 House Journal Page 2724 HB 499 was read the first time and referred to the Health, Education & Social Services, State Affairs and Finance Committees. HB 500 HOUSE BILL NO. 500 by the House Rules Committee by request of the Governor, entitled: An Act making capital and other appropriations; and providing for an effective date. was read the first time and referred to the Finance Committee. The Governor's transmittal letter, dated February 12, 1996, appears below: Dear Speaker Phillips: I am pleased to transmit to you my proposed FY97 capital budget, a bare bones package of projects to meet basic needs of Alaskans. The state general fund level of $110 million for this budget is very limited in light of the massive capital needs throughout the state. But I believe it is responsible, given our efforts to close the states budget gap. In addition to limited state general funds, this budget maximizes the receipt of over $364 million of federal dollars. Over $280 million in federal highway and aviation funds alone are expected this coming fiscal year. Authorizations for new individual federal aid transportation projects will be submitted after the final State Transportation Improvement Plan is adopted late this month. Other state resources such as Alaska Housing Finance Corporation and the Alaska Industrial Development and Export Authority have been used to put forward additional capital dollars for housing and economic development projects. Although the appropriations bill lists projects in departmental order, I have attached a summary of the projects broken into the major categories that reflect my capital budget priorities: