Fiscal Session Update

Senator Dan Sullivan

1 min read

woman in dress holding sword figurine
woman in dress holding sword figurine

Fiscal Session Update

• The legislature convened the fiscal session and will spend the next month working on a $6.3 billion budget for the fiscal year that begins July 1.

• Calls for growth in state agency spending of only 1.76 percent, compared to traditional growth of about 3 percent in recent years.

• The growth amounts to increased spending of about $109.3 million. The majority of that amount, about $65.7 million, would go to the Education Freedom Account program.

• The governor proposes an increase of $38.2 million in the state’s Public School Fund.