Legislature(2017 - 2018)
2018-01-16 House JournalFull Journal pdf
2018-01-16 House Journal Page 2189 HB 286 HOUSE BILL NO. 286 by the House Rules Committee by request of the Governor, entitled: "An Act making appropriations for the operating and loan program expenses of state government and for certain programs; capitalizing funds; amending appropriations; making supplemental appropriations; 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 15 follows: 2018-01-16 House Journal Page 2190 "Dear Speaker Edgmon: 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 (FY) 2019. The Walker Administration's FY 2019 operating budget, capital budget, and related legislation are designed to fix broken processes, invest in our future, and put Alaska on a path to stability and prosperity. Our proposed operating budget is up less than one percent compared to FY 2018. It does not include cost-of-living wage increases, and continues to reduce the government workforce. The budget includes $50 million in specific cost saving and efficiency measures which offset some inflation growth and reduces the real size of government. This year's transparent agency operating budget is $4.0 billion. This represents an increase of $22.5 million from FY 2018 and a decrease of $475.4 million from FY 2015. The budget maintains key services such as public safety, education, and support to local communities. It maximizes federal funding opportunities to support Alaskans and the Alaska economy. The budget includes revenue language consistent with the legislation passed in both chambers to provide funding from the earnings reserve to the general fund. It also provides for a Permanent Fund Dividend estimated to be $1,216 per person. While we stand ready to assist the Legislature in adopting a broad-based tax to completely close the fiscal gap, this budget requires continued withdrawals from reserves and aggressive containment of upward cost pressures. My administration looks forward to working with the Legislature on the FY 2019 budget and related revenue measures to provide a long term balanced budget. Sincerely, /s/ Bill Walker Governor"