2011-01-19                     Senate Journal                      Page 0044
          "An Act making appropriations for the operating and                                                                   
          loan program expenses of state government, for                                                                        
          certain programs, and to capitalize funds; and                                                                        
          providing for an effective date."                                                                                     
                                                                                                                                
was read the first time and referred to the Finance Committee.                                                                  
                                                                                                                                
Governor's transmittal letter dated January 14:                                                                                 
                                                                                                                                
Dear President Stevens:                                                                                                         
                                                                                                                                
Under the authority of Article III, Section 18, of the Alaska                                                                   
Constitution, I am transmitting a bill relating to the State's operating                                                        
budget for Fiscal Year 2012 (FY 2012).                                                                                          
                                                                                                                                
My budget proposal for FY 2012 continues to focus on fostering jobs                                                             
and economic development. The framework for the budget is based on                                                              
our constitutional responsibilities for spending - education, public                                                            
safety, transportation, and responsible resource development.                                                                   
                                                                                                                                
I am proposing a balanced budget that maintains budget discipline by                                                            
limiting the growth of State agency budgets, funding statutorily                                                                
required programs and services, and making strategic investments to                                                             
promote responsible, sustainable development. With budget discipline,                                                           
targeted spending, and managing our savings, Alaska's cash reserves                                                             
and excellent bond rating will provide us with economic opportunities                                                           
for years to come.                                                                                                              
                                                                                                                                
I look forward to working with the Legislature to finalize the operating                                                        
budget for the upcoming fiscal year.                                                                                            
                                                                                                                                
Sincerely,                                                                                                                      
/s/                                                                                                                             
Sean Parnell                                                                                                                    
Governor                                                                                                                        
                                                                                                                                
SB 48                                                                                                                         
SENATE BILL NO. 48 BY THE SENATE RULES COMMITTEE                                                                                
BY REQUEST OF THE GOVERNOR, entitled: