2025-01-24                     Senate Journal                      Page 0056
SB 56                                                                                                                         
SENATE BILL NO. 56 BY THE SENATE 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 reappropriations; 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.                                                                  
                                                                                                                                
Governor's transmittal letter dated January 20:                                                                                 
                                                                                                                                
Dear President Stevens:                                                                                                         
                                                                                                                                
Under the authority of Article III, Section 18 of the Alaska                                                                    
Constitution, I am transmitting a bill relating to appropriations for the                                                       
State’s operating expenses for Fiscal Year (FY) 2026.                                                                           
                                                                                                                                
This appropriation bill totals $11.3 billion and includes $4.9 billion in                                                       
unrestricted general funds, $0.9 billion in designated general funds,                                                           
$1.9 billion in other state funds, and $3.6 billion in federal funds.                                                           
                                                                                                                                

2025-01-24                     Senate Journal                      Page 0057
The FY 2026 budget continues important investments in public safety,                                                            
prioritizing educating our children, and strategically developing the                                                           
economy of our State. It also continues my commitment to providing a                                                            
full statutory dividend to our residents.                                                                                       
                                                                                                                                
I look forward to working with the Legislature on the timely passage                                                            
and implementation of the FY 2026 operating budget.                                                                             
                                                                                                                                
Sincerely,                                                                                                                      
/s/                                                                                                                             
Mike Dunleavy                                                                                                                   
Governor