FastTrack Supplemental Budget Passes Senate
Facebook0TwitterEmailPrintFriendly分享The Alaska Senate passed a “fast-track” supplemental budget totaling $110.2 million in funding for urgent and unanticipated state expenses. Of the $110.2 million appropriated in HB 321, $91.9 are Unrestricted General Funds (UGF), $5.1 are Designated General Funds (DGF), and $13.1 are Other Funds. The supplemental budget includes $45 million to fund Medicaid through mid-May, $30 million for Community Assistance, $18.3 million to pay for an unanticipated increase in the prison population and growing inmate healthcare costs, and $24 million for the Alaska Marine Highway System.The bill also deposits an additional $25 million into savings realized from the state’s successful re-insurance program, and $5 million was appropriated to the Alaska Permanent Fund Corporation to cover fees related to higher than expected fund earnings. HB 321 passed the Senate by a vote of 16 to 1. The bill is now on its way to the governor’s desk to be signed into law.