Senate Finance Introduces Operating and Capital Budget Substitutes

By Noah Hanson | AKLEG on Apr 28, 2023   State  

Budgets Balance with Approximately $90 Million in Surplus Without a Constitutional Budget Reserve Draw JUNEAU – The Senate Finance Committee introduced a committee substitute for the state’s operating budget Wednesday afternoon. The new committee substitute provides a permanent fund dividend consistent with a 75/25 percent of market value (POMV) split of the annual earnings, translating […]