Gov. Mike Dunleavy speaks at a news conference on Tuesday, June 28 after signing the budget for fiscal year 2023.
Gov. Mike Dunleavy signed a state budget Tuesday that adds millions of dollars for public safety, K-12 education and the University of Alaska system. It also pays each eligible Alaskan a combined energy relief payment and Permanent Fund dividend of roughly $3,200.Dunleavy, who’s running for reelection, highlighted spending levels at a news conference on the budget Tuesday afternoon.
“With the exception of investments in public safety and education, all of our agencies are at levels below what we came into in 2019,” he said. “So we’ve kept spending in check in much of our operating side of the budget.”, though Dunleavy did veto about $780 million in spending before signing it, including roughly $112 million in school, university and statewide deferred maintenance.Among the other items Dunleavy did keep in the budget: forward funding of K-12 education. That means $1.
This year’s PFD is lower than what the 40-year-old state formula would’ve set, but it’s still the highest dividend on record, second when adjusted for inflation. While Dunleavy campaigned on paying out a full statutory PFD, he said he’s been pushing lawmakers to adopt a 50-50 plan that would split the spending between dividends and government services.
“I had said to the Legislature last year, ‘If we want to send to the people a 50-50 dividend change in the statute, we do that also with a constitutional amendment,’” Dunleavy said. “In other words, the people of Alaska get the opportunity to decide if they want a 50-50 to be able to fix this issue and have a formula going forward.
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