Legislature(2011 - 2012)HOUSE FINANCE 519
01/18/2012 01:30 PM House FINANCE
| Audio | Topic |
|---|---|
| Start | |
| Overview of the Governor's Fy 2013 Budget: Office of Management and Budget | |
| Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
| + | TELECONFERENCED | ||
HOUSE FINANCE COMMITTEE
January 18, 2012
1:34 p.m.
1:34:15 PM
CALL TO ORDER
Co-Chair Thomas called the House Finance Committee meeting
to order at 1:34 p.m.
MEMBERS PRESENT
Representative Bill Stoltze, Co-Chair
Representative Bill Thomas Jr., Co-Chair
Representative Anna Fairclough, Vice-Chair
Representative Mia Costello
Representative Mike Doogan
Representative Bryce Edgmon
Representative Les Gara
Representative Reggie Joule
Representative Tammie Wilson
MEMBERS ABSENT
Representative Mark Neuman
Representative David Guttenberg
ALSO PRESENT
Karen Rehfeld, Director, Office of Management and Budget
(OMB), Office of the Governor; Senator Alan Austerman;
Representative Lance Pruitt.
SUMMARY
^OVERVIEW OF THE GOVERNOR'S FY 2013 BUDGET: OFFICE OF
MANAGEMENT and BUDGET
Karen Rehfeld, Director, Office of Management and
Budget, Office of the Governor
Co-Chair Thomas introduced staff.
1:37:20 PM
KAREN REHFELD, DIRECTOR, OFFICE OF MANAGEMENT AND BUDGET
(OMB), OFFICE OF THE GOVERNOR, provided members with a list
of OMB staff and a power point presentation: FY2012 Budget
Overview, January 18, 2012 (copy on file). She emphasized
that approving an annual operating and capital budget for
the state of Alaska is one of the most important things, if
not the most important thing, that the legislature does
each session. She stressed the time and effort that goes
into the preparation of the budget. The Administration
worked with state agencies and the university to review
budget requests and challenges in order to meet the state's
most pressing needs, while holding the line on state
spending by focusing on key principles, priorities and
results.
Ms. Rehfeld observed the committee's intent to include
discussions with state agencies about their mission, core
services, and results in the budget subcommittee process.
She maintained that it is an important discussion: "to be
accountable for the public dollars we spend and to be able
to communicate what the state is receiving for the
investment it makes in programs and services". She added
that it also needs to be a meaningful tool for agencies and
program managers that links budget to results, and provides
the targets and strategies for continuous improvement in
service delivery. She observed that Governor Parnell's
vision of economic growth and strengthening families has
been his way of communicating his priorities with Alaskans.
1:41:07 PM
Ms. Rehfeld stressed that Alaska's future rests on
responsibly developing the state's natural resources and
creating jobs and economic opportunity for families. The
budget supports the governor's vision in several key
priority areas.
Ms. Rehfeld reviewed the guiding principles used by the
governor to develop his budgets:
· Fiscal Restraint - Spend less and save more for the
future;
· Strategic Investments - Invest in infrastructure to
grow Alaska's economy;
· Cash Reserves: The state will need to rely on cash
reserves to provide state services over time with
declining oil production. There is nearly 13 billion
in the Constitutional Budget Reserve and Statutory
Budget Reserve Accounts.
· Focus on Results - agency missions, core services, and
results.
1:42:08 PM
Ms. Rehfeld noted that the governor's budget priorities
support the investment strategy and are based on the
state's constitutional priorities:
· Resource Development - create Jobs for Alaskans
· Education - prepare students for college for success
in college or postsecondary education
· Transportation/Infrastructure - support economic
development
· Public Safety - for homes and families
· Military - strengthen military missions and support
military families
1:42:44 PM
Ms. Rehfeld reviewed the revised fall forecast for FY 12
and FY 13 on slide 5. She noted that the chart shows the
projected revenue, the proposed spending plan, and the
projected balances at the end of each fiscal year. The FY
12 and FY 13 fall revenue forecast was revised upward. She
observed that 90 percent of Alaska's unrestricted general
fund (GF) revenue comes from oil production. Oil production
continues to decline faster than originally forecast. She
noted that high oil prices tend to mask the effect of the
decline, but provides an opportunity to save. In FY 12,
revenues are projected at $8,981.5 billion, while spending
is projected at just over $7 billion. This leaves a
projected balance of just over $1.9 billion for FY 12. In
FY 13, revenues are projected at $8.2 billion with a
projected spending plan of $6.4 billion, which leaves a
projected balance of nearly $1.8 billion. She concluded
that the FY 12 and FY 13 savings and/or investment
opportunity is over $3.7 billion.
1:44:28 PM
Ms. Rehfeld reviewed slide 6, which was a high level
snapshot of the governor's total budget request of $12.1
billion. Fund sources are broken out:
· Unrestricted General Funds $6.43 Billion - 53%
· Federal Funds $2.87 Billion - 24%
· Permanent Funds DGF $1.48 billion - 12%
· Designated General Funds (DGF)$834.5 million - 7%
Ms. Rehfeld observed that DGF included:
· General fund program receipts $113.8 million
· University Receipts $341.0 million
· Renewable Energy Grant Funds $25.0 million
Ms. Rehfeld noted that other funds amount to $505.5 million
or four percent of the budget and included:
· Permanent Fund Receipts $126.5 million;
· Permanent Fund Corporation Operating costs of $11.1
and management fees of $108.2;
· International Airport - $110.9 million;
· Statutory Designated Receipts - $66.4 million; and
· Postsecondary Education Receipts - $12.9 million.
1:46:26 PM
Ms. Rehfeld discussed the governor's FY 13 budget
priorities. The first priority is resource development -
positioning the state's economy for growth. The governor's
proposed budget includes $28.5 million for Roads to
Resources. The appropriation would continue work on the
following projects:
· $10 million for Umiat Foothills West road
· $10 million for Road to Tanana in Northwest Alaska
· $4 million for Ambler Mining District
· $4.5 million for Klondike Industrial Use Highway that
goes from Skagway to the Yukon along with other roads
to resources
Ms. Rehfeld continued discussing the governor's priorities:
· $3.3 million to the Department of Natural Resources to
streamline the permitting application process;
· $2.7 million GF for oil rare earth elements and
strategic minerals assessment;
· $1.1 million GF for shale oil assessment; and
· $3.7 million GF for a statewide digital mapping
initiative, which could capture another $12 - $13
million in federal funds to support the project.
Ms. Rehfeld emphasized the importance of elevation data to
resource development, aviation safety, routes for roads,
and emergency response.
1:48:10 PM
Representative Gara asked why the state would spend funds
on a road to Umiat unless development was assured. Ms.
Rehfeld emphasized that the potential all along the
foothills is known and that the road would open up the
opportunity to develop some of that potential. The road
would be industrial, not an open access road, which would
help make access to the resources more cost effective.
1:50:33 PM
Representative Joule noted that communities close to the
proposed Umiat road are in opposition to the road. He asked
if multiple routes that the community may support would be
considered. Ms. Rehfeld noted that different routes are
being reviewed and that the state is in discussion with
local communities. Representative Joule stressed that the
borough and Regional Corporation try to be supportive of
development efforts on the North Slope, which is difficult
with local opposition.
1:52:42 PM
Representative Costello noted that the legislature funded
additional positions in the Department of Natural Resources
to address the 2,500 permitting backlog. She asked if the
appropriation would get rid of the backlog entirely. Ms.
Rehfeld noted that the $3.3 million is for the unified
permitting project, which is the information system that
manages all the permitting applications. The FY 12 funding
included six new positions and some vacant positions, which
have made a huge difference to the department. She
understood that the backlog was reduced by 20 percent at
the end of the calendar year. The department is continuing
to streamline the process. Representative Costello asked if
the process has been made easier for the public to access.
Ms. Rehfeld suggested there would be a web based component.
1:54:47 PM
Ms. Rehfeld noted that there is continuation funding for
the Alaska Gasline Inducement Act (AGIA) Reimbursement Fund
($60 million); and the Alaska Gasline Development
Corporation project ($21 million). She expected
considerable discussion regarding gas line development and
acknowledged that adjustments in the budget would be
necessary.
In response to a question by Representative Doogan, Ms.
Rehfeld clarified that of the $4.5 million request: $2.5
million would be used for the road between Skagway and the
Yukon; and $2 million would go to smaller resource roads
that are not specifically identified. The funding would not
support roads in Canada.
In response to a question by Co-Chair Stoltze, Ms. Rehfeld
clarified that the funding for the Klondike road would be
on the Alaska side.
1:57:13 PM
Ms. Rehfeld discussed funding for education. The budget
includes: full funding of K-12 education and pupil
transportation ($62.2 million) at $1.1 billion; and forward
funding of K-12 education and pupil transportation at $1.1
billion. The K-12 funding formula is based on current
statutory Base Student Allocation (BSA) of $5,680. The
budget includes an $8 million request for Alaska
Performance Scholarships (APS). The class of 2011 was the
first to qualify for these scholarships. Nearly 2,400
students qualified for APS in the first year. Over 900
Alaskan high school graduates from the class of 2011
received the scholarship. The remaining students will be
eligible to receive the scholarship over the next 5 years.
The Alaska Commission on Postsecondary Education (ACPE) is
preparing a report to the legislature, which is due on the
10th legislative day (January 27, 2012) that will provide
detailed information on APS, and the students that qualify
in the inaugural class.
Ms. Rehfeld observed that the budget includes two school
construction projects. Earlier this fall, the
administration successfully resolved the long-standing
Kasayulie litigation with a pledge to support funding of
the five highest priority rural school construction
projects over the coming years. The first two school
construction projects on the list are in Emmonak and
Koliganek. She added that $24.0 million was also included
for the first 14 projects on the Department of Education
and Early Development's major maintenance priority list.
1:59:22 PM
Representative Wilson asked for more information regarding
the size of new schools. She noted concerns regarding
heating costs in schools with low enrollment. Ms. Rehfeld
noted that Emmonak is significantly over capacity and
promised to provide more information. Representative Wilson
asked how school size would be determined. Ms. Rehfeld
explained that the project ranking takes overcapacity into
account.
Representative Gara expressed concern with the flat funding
of education and noted that the Average Daily Membership
(ADM) level has not increased in two years. He stressed
that schools are facing layoffs. Ms. Rehfeld observed that
the governor is concerned with the ability to sustain
growth in formula funding programs. The governor is
focusing on performance scholarships that will improve
academic rigor and success of students. The governor is not
opposed to some targeted funding. She expected more
discussions would occur on formula funding. There have been
increases for intensive students and the BSA. She added
that FY 13 is the last year for inclusion of district cost
factors.
2:03:13 PM
Representative Gara asked if the governor would support
legislation that would prevent layoffs. Ms. Rehfeld could
not respond.
Co-Chair Thomas spoke to the Teacher Retirement System's
(TRS) 22 percent cost factor, which he pointed out, is also
growing. Ms. Rehfeld agreed.
2:04:37 PM
Ms. Rehfeld discussed public safety and the governor's
Choose Respect program, Division of Domestic Violence and
Sexual Assault Prevention Initiative for $11.8 million GF.
She observed that the governor is requesting $3.3 million
for prevention and intervention, which includes public
education and outreach, community level prevention projects
and rural pilot projects. She noted sixty-four communities
held "Choose Respect" events in 2011, and the goal for 2012
is for 100. She maintained that the program is sending a
strong message of support to victims and survivors. The
governor also included $3.2 million for the Support for
Survivors program, which includes shelter services for
victims, services for children exposed to violence, trauma
services for victims, and housing.
2:05:56 PM
Vice-chair Fairclough expressed concern that prevention is
being tied to intervention. Although she recognized the
importance of intervention, she indicated that her focus
has been primary prevention. She asked if there are any
unexpended funds from FY 12 appropriations that would be
available for prevention programs in FY 13. Ms. Rehfeld
promised to research the matter.
2:07:47 PM
Ms. Rehfeld observed that $5.3 million was requested for a
continued law enforcement presence in communities. The
request would provide for an additional 15 VPSOs and 1
support trooper; housing for VPSO's; sex offender
management and supervision; cold case prosecutor; and
limited English proficient victims' assistance.
Ms. Rehfeld noted that the governor is committed to improve
the state's ability to respond to a disaster. The
legislature approved just under $5 million for emergency
power generation and water purification in the FY 12
budget. The FY 13 budget requests funding for emergency
food supplies for several locations around the state ($4.9
million). The governor has also requested funding for an
Interior search and rescue helicopter ($3.0 million).
Interior and Northern Alaska's geography and extreme
weather conditions create enormous challenges to quick and
effective response to emergencies. She pointed out that it
is critical for Alaska State Troopers to be able to access
remote areas during adverse weather conditions with a
helicopter that is adequately equipped to complete the
mission.
Co-Chair Stoltze referred to disaster preparedness and the
interface with private entities that has occurred in his
district. He felt that efficiencies could occur with state
and private cooperation. Ms. Rehfeld expressed interest in
more discussions.
2:10:29 PM
Representative Wilson asked for statistics on helicopter
use and billing procedures. Ms. Rehfeld agreed to provide
additional information.
Vice-chair Fairclough noted that her office had calls
regarding emergency food supply funding and wanted more
information on cost and how supplies will be replenished.
She observed the need to keep food fresh. Ms. Rehfeld
offered to have a presentation for the committee.
Co-Chair Thomas referred to his service experience eating
sea rations. Representative Joule interjected that Alaskan
products could be used.
2:13:31 PM
Ms. Rehfeld discussed transportation infrastructure. She
observed that $1 billion for statewide infrastructure
projects was included to build and maintain Alaska's
infrastructure, which included funding for:
· Highway & Aviation $938.3 million;
· DEC 16 Municipal water/sewer projects $32 million GF;
local match;
· Village Safe Water - $51 million, $8.7 million state
GF match; and
· Municipal Harbor Grant Fund 10 projects $23.1 M GF;
local match.
Ms. Rehfeld noted that the governor has also introduced a
ports GO bond package (HB286/SB163), which included six
projects totaling $350.0 million:
· Port of Anchorage $200.0 million;
· Port Mackenzie Rail Extension $110.0 million; and
· $10 million each for Bristol Bay, Emmonak, Seward, and
Ketchikan (Ward Cove).
2:15:07 PM
Representative Joule noted that off shore development is on
the horizon and expressed disappointment that forward
basing was not considered in Western or Northern Alaska. He
stressed that there is an opportunity to send a message to
Congress. Ms. Rehfeld noted that there are FY 12 funds and
additional funding in FY 13 for consideration of an Arctic
port.
Representative Alan Austerman questioned if the $32 million
for water/sewer projects would only match federal dollars.
Ms. Rehfeld explained that the $32 million is for municipal
water/sewer projects. She explained that 16 projects are
included in the $32 million, which matches local funds. The
Village Safe Water Program is also in the governor's budget
proposal at $50 - $51 million; $8.7 of this amount is a
general fund match for federal funds. The program is
divided by first time projects, and repair and upgrades to
existing projects.
2:19:25 PM
Co-Chair Stoltze observed that most of his district doesn't
want to be on a sewage system.
Ms. Rehfeld discussed energy funding. The governor's
proposal included:
· Round five for Renewable Energy Grant fund - $25
million; and
· Weatherization and home energy rebates - a little over
$50 million: Home Energy Rebates - $20 million GF; and
Weatherization - $31.5 million GF.
Co-Chair Thomas asked why the target of $50 million for
renewable grants was not reached. Ms. Rehfeld explained
that not all the projects they evaluated were ready for
investment. Co-Chair Thomas stressed that the program is
working. He noted that 10 million gallons of diesel have
been saved in Gustavus and that the community energy costs
have been reduced.
2:22:59 PM
Representative Gara noted that $50 million of the $100
million in appropriations to the Renewable Energy Fund was
vetoed by the governor in FY 12. He expressed concern that
there are communities in need of the funding. Ms. Rehfeld
stressed that round five has not been completed by the
Alaska Energy Authority (AEA). The legislature will receive
a list of projects evaluated in round five and their dollar
amount. The list will show the projects that would be
funded with the request and the amount needed to fund the
entire list. A number of projects have been funded in the
previous four rounds. She noted that there are questions
that need to be answered, such as should the state reinvest
in already funded projects that resulted in savings.
2:25:58 PM
Co-Chair Thomas observed that funding targets proved energy
projects from viable sources as opposed to investing in
research. He emphasized the importance of finding projects
that work.
Representative Costello asked whether it was possible to
change the process so the timing would coincide with the
introduction of the governor's budget. Ms. Rehfeld
acknowledged that adjustments are possible.
Co-Chair Stoltze agreed that viability was a good standard.
Representative Edgmon looked forward to the debate on HB
250. He discussed disagreements over multiple projects in
the past and talked about the Renewable Energy Fund. He
mentioned the additional funds added by the governor for
the Low Income Home Energy Assistance Program (LIHEAP) and
stressed the program's importance.
Representative Doogan wondered if there was independent
auditing of the projects. Ms. Rehfeld noted that any entity
that receives state funds is subject to the single audit
requirement. She did not know if the projects were audited.
2:30:06 PM
Co-Chair Thomas remarked that there was a list of items
that had to be checked off in order to receive the funding.
Representative Gara agreed that projects need to be viable
and smart.
Ms. Rehfeld returned to slide 10, transportation and
infrastructure. She concluded discussion of slide 10 by
pointing out that full funding for Power Cost Equalization
is requested at $38.2 million
Ms. Rehfeld observed that it is year three of the deferred
maintenance package. There are 2,200 facilities statewide,
with 17.2 million square feet of space, and a replacement
cost of $7.8 billion. The administration is getting more
consistent in their definition of deferred maintenance
projects. She concluded that there is better identification
of the universe of deferred maintenance projects. Facility
managers are comparing notes and sharing information. There
are facility condition index standards that can be applied
to measure success. All of the year one funding will be
expended by the end of the current fiscal year. Year two
funding is in the hopper. Year three is in the request
before the legislature. She stressed the improved ability
to plan for and complete deferred maintenance projects.
Ms. Rehfeld discussed slide 11, military support. Funding
is continued for army and air guard facilities, veterans'
services and outreach, and an Interior veteran cemetery ($2
million in federal authorization in the capital budget. A
portion of the operating costs will be in the FY 13 budget.
The full cost will be in FY 14.)
Ms. Rehfeld noted the Alaska Aerospace Development
Corporation request for $8 million in the operating budget.
The corporation's funding stream from missile defense has
changed dramatically. The Alaska Aerospace Development
Corporation is working to secure other customers for the
Kodiak launch facility. She observed that funding has been
included in the budget to keep the Alaska Aerospace
Development Corporation viable.
2:35:07 PM
Vice-chair Fairclough referred to the request for the
Alaska Aerospace Development Corporation. She observed that
they did not receive anticipated contracts and questioned
how much and how long the state will need to invest to keep
the facility operational. She also wondered where mid-term
customers were being sought and when the state would know
if contracts would be secured. Ms. Rehfeld noted that the
facility was not successful in competing for the bid out of
Fort Greely. Another vendor is interested in the Kodiak
site. She hoped to have commitments in the amended budget.
Vice-chair Fairclough expressed support for the facility
and acknowledged that state support is needed for what is a
global competition. She recognized that many in the
community depend on the facility for their livelihood, but
wanted to better understand the state's opportunities.
Representative Austerman observed that he serves on the
Alaska Aerospace Development Corporation board. He
explained that the Fort Greely bid was for a missile
defense contract with the federal government. The Alaska
Aerospace Development Corporation tried to outbid their
competition and failed. They hoped to enhance the overall
scope of the aerospace business in Alaska, not the rocket
launch facility itself, although it would have helped the
facility. The Alaska Aerospace Development Corporation is
still in negotiations with two companies to launch mid-size
rockets. Currently, the facility only launches smaller
satellites. The funding request would only support
operations for one year. The facility would need to be
expanded for mid-sized launches at a cost of $125 million.
Contracts must be in place before the legislature would
consider the $125 million needed for expansion. Building a
facility would be at least a two year process.
2:39:16 PM
Vice-chair Fairclough noted that opportunities may exist
for a United States market with decrease federal funding
going toward space exploration. She expressed support but
stressed the need for further discussions regarding the
cost of capital investment in an "all in" number.
2:39:56 PM
Ms. Rehfeld reviewed the pie chart in slide 12. She
explained that the left side of the pie chart represents
non-discretionary funding: formula programs, permanent fund
dividend, statewide operations and requirements. The right
side of the pie chart is discretionary funds: agency non-
formula components of the capital and operating budgets.
She observed that the general fund component was separated
from the agency nonformula funds and other funds to allow
them to look at the agencies' general fund request.
Ms. Rehfeld referred to the K-12 education formula. She
observed that they are in the fifth year of the
implementation of district cost factors.
Ms. Rehfeld noted that other formula funds total $1.96
billion, which includes Medicaid at $1.64 billion. Other
components include shared taxes, Power Cost Equalization
and Public Assistance.
Ms. Rehfeld observed that statewide appropriations
represent about 12 percent of the governor's request at
$1.44 billion. The retirement system unfunded liability
direct deposit for FY 13 of $610.5 million is included in
this amount and is up from $479.5 million in FY 12. The
total retirement system unfunded liability is $11 billion:
Public Employees' Retirement System (PERS) - $7.0 billion,
and Teachers' Retirement System (TRS) - $4.1 billion. She
noted other statewide budget requests: $400 million - oil
exploration tax credits; $301.4 million - debt service
(down $25.0 million); $60 million - Revenue Sharing; $1.48
billion or 12.2 percent of the total budget - Permanent
Fund; and $572.0 million - Permanent Fund dividends and
operations ($25.0 million for PFD and hold harmless).
Ms. Rehfeld highlighted components of the $1.8 billion
capital budget request: transportation infrastructure,
Roads to Resources, energy, deferred maintenance, and
public safety.
2:43:53 PM
Representative Doogan asked what portion of the $1.8
billion are federal funds. Ms. Rehfeld observed that there
are $820 million in federal funds. She added that $882
million are unrestricted general funds, which includes $60
million for the AGIA reimbursement amount. The AGIA
reimbursement is not technically a capital expenditure, but
is a reimbursement for capital expenditures. There are also
$81 million designated funds and $20 million other funds.
Representative Doogan concluded that there are $1 billion
in state funds and $800 federal funds. Ms. Rehfeld agreed.
Representative Joule wondered if there was a way to see if
the infrastructure built in the capital budget comes back
in the operating budget under operations. Ms. Rehfeld
referred to the university science building and agreed that
the on-going operating expense would come into the budget.
Representative Joule observed that the cost of operating
school buildings is born by the districts. Ms. Rehfeld
pointed out that efficiencies are found in major
maintenance projects, which would result in savings from
improvements to existing facilities.
2:48:56 PM
Ms. Rehfeld highlighted the governor's FY 13 operating
budget request. She emphasized that growth was restrained.
The administration deleted 288 positions (full and part-
time, long-term vacant positions). She concluded that
personal services lines would be in better shape. Funding
sources in personal services were also cleaned up. She
acknowledged the net result would be good but stressed that
a significant effort was required on the part of the
departments.
2:50:52 PM
Vice-chair Fairclough questioned if vacancy and position
eliminations would reduce the formula used to pay down the
PERS and TRS liability. She also wondered whether cost
shifting of the 22 percent liability would occur in
communities that reduce positions, which would require the
state to pick up more of the pension liability. Ms. Rehfeld
noted that conversations have occurred on the issue with
municipalities and that there would be more discussions.
In response to a question by Representative Gara, Ms.
Rehfeld reiterated that the total unfunded liability is $11
billion. The governor's budget for FY 13 includes a $610
million direct deposit into the unfunded liability.
2:53:03 PM
Ms. Rehfeld noted Medicaid growth of $130.5 million ($45.0
million in general funds), which is an approximately 8.6
percent projected increase. The Department of Health and
Social Services estimates that 150,279 Alaskans are
projected to enroll. She stressed that enrollment,
utilization, and costs driver the total cost.
Ms. Rehfeld noted the proposed opening of the Goose Creek
Correctional facility over FY 13 and the first quarter of
FY 14. By the end of this time, out-of-state prisoners will
be returned and the facility will be fully operational. The
cost of current out-of-state contracts will help fund the
operations of the Goose Creek facility. The facility is
ready to go.
Ms. Rehfeld noted that the governor's request includes
$16.0 million for tourism marketing. There are also salary
and benefit increases of $66.0 million for the University
of Alaska, Alaska Court System, Legislature, and Executive
Branch.
2:54:41 PM
Ms. Rehfeld discussed slide 14. She emphasized that
Alaskans benefit from state spending. She noted that 60
percent of the budget benefits Alaskans in communities,
organizations and individuals through grants, direct
payments, capital, and salary costs. Programs affecting
Alaskans include: Medicaid, Permanent Fund dividends,
Revenue Sharing, School Funding, retirement system unfunded
liability, capital projects, and named recipient grants.
Ms. Rehfeld observed that 21 percent of the state's budget
goes to purchased services such as travel, hotels,
professional services, fuel and equipment - some of this
funding is internal to state agencies but a significant
amount is for services purchased from Alaska's private
sector businesses.
Ms. Rehfeld noted that 19 percent of the total budget
represents salaries and benefits for state employees who
are tasked to deliver core services and programs
efficiently and effectively to Alaskans.
Co-Chair Thomas reviewed the House Finance Subcommittee on
the operating budget assignments. He observed that the
committee is adopting new finance subcommittee standards.
ADJOURNMENT
2:59:09 PM
The meeting was adjourned at 2:59 PM
| Document Name | Date/Time | Subjects |
|---|---|---|
| KJR Budget Overview HFC 01.18.2012.pdf |
HFIN 1/18/2012 1:30:00 PM |
|
| OMB Staff Contacts.pdf |
HFIN 1/18/2012 1:30:00 PM |