Leading legislators say the state’s finances will likely still be strained with big-spending items left to consider.
The House Finance Committee has started debating the operating budget. The committee heard public testimony in Juneau on Wednesday
”It helps quite a bit. It does help. No doubt about it. Several years ago it would have been hardly noticeable. This year, it’s very noticeable,” said Sitka Republican Sen. Bert Stedman, who manages the operating budget in the Senate., it would be difficult to balance the budget with big-spending items still to be considered.
The House last year supported a dividend double the size of the Senate’s, but that was projected to leave the state with a substantial deficit if that formula was followed this year. It remains unclear what dividend figure the House would support this year. Palmer Republican Rep. DeLena Johnson, who manages the House’s operating budget, said on Tuesday that her goal was to fully fund essential services; to take a tough look at expenditures; to pay the largest dividend possible, and, ”God willing, leave some money for the capital budget.”
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