Legislature(2017 - 2018)
2018-01-16 House JournalFull Journal pdf
2018-01-16 House Journal Page 2187 HB 284 HOUSE BILL NO. 284 by the House Rules Committee by request of the Governor, entitled: "An Act making appropriations, including capital appropriations, supplemental appropriations, reappropriations, and other appropriations; making appropriations to capitalize funds; 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: "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 capital budget for Fiscal Year 2019 (FY 2019). The proposed capital bill totals $1.3 billion, of which $1.0 billion will be supported by federal funds and $150.1 million with unrestricted general funds, with the remaining amount from designated general funds and other funds. The budget prioritizes annual federal match programs, housing, energy, maintenance, and information technology investment. This minimal capital budget will be the norm until a comprehensive fiscal plan is adopted. The largest component of the capital budget is the State's transportation program, totaling $909.7 million, which is largely federally funded. Earnings on the Power Cost Equalization Fund provide resources for renewable energy projects. Key information technology upgrades include retirement and benefits, and the State's primary enterprise information system. Health and social services eligibility systems are included, supported primarily by federal and other funding sources. The Walker Administration looks forward to working with the Legislature to finalize a FY 2019 capital budget. 2018-01-16 House Journal Page 2188 Thank you for your consideration of this bill. Sincerely, /s/ Bill Walker Governor"