Legislature(2001 - 2002)
2002-01-18 House JournalFull Journal pdf
2002-01-18 House Journal Page 2006 HB 337 HOUSE BILL NO. 337 by the House Rules Committee by request of the Governor, entitled: "An Act making capital appropriations and reappropriations, and capitalizing funds; making appropriations under art. IX, sec. 17(c), Constitution of the State of Alaska, from the constitutional budget reserve fund; and providing for an effective date." was read the first time and referred to the Finance Committee. The Governor's transmittal letter dated January 16, 2002, appears below: "Dear Speaker Porter: I am transmitting to you today my proposed capital budget for FY2003. When considered with bills you will receive separately, to 2002-01-18 House Journal Page 2007 finance schools and deferred maintenance, and proposals I submitted last year for accelerated transportation and harbor projects, the fiscal year 2003 capital package will be a solid investment to build Alaska's future. The projects support economic development as well as basic public services such as education, transportation and public protection. This $925 million capital appropriations bill includes $114 million in general funds, the same level as in FY2002. Approximately $60 million of that amount is to match federal funds, particularly for transportation and water/sewer projects throughout the state. The budget bill also includes $681 million in federal funds and $130 million in funds from other sources such as the Alaska Housing Finance Corporation, the Alaska Industrial Development and Export Authority, and the Alaska International Airport System. Alaska's businesses and communities depend on an adequate and well- maintained public infrastructure. The combination of annual capital appropriations and longer-term financing I propose this year will help address those needs in a fiscally responsible manner. Sincerely, /s/ Tony Knowles Governor"