Alaska House’s draft budget has a $2,272 dividend, $175 million in extra school funding

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Alaska House’s draft budget has a $2,272 dividend, $175 million in extra school funding
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Veteran lawmakers say the checks received by Alaskans would likely be far lower as the budget advances.

The House Finance Committee unveiled its latest version of the budget Friday with $2,272 in a combined dividend check and $175 million in extra school funding in Juneau

”We funded a lot of the things that people were concerned about being left out,” said Palmer Republican Rep. DeLena Johnson, who manages the House’s operating budget. “It’s likely to be nowhere near that number,” said Anchorage Democratic Rep. Andy Josephson. “Spending almost every last dollar on dividends, it just isn’t going to happen. It just isn’t. It’s just pie in the sky.”

There has been little appetite in the Senate, in particular, to draw from the state’s $2.8 billion savings account to pay for a larger dividend or state services. The House typically first writes the operating budget, which funds state department operations and countless state programs. The Senate usually takes the lead on the capital budget, which funds infrastructure and maintenance projects., and advanced both budgets to the House on the last day of the legislative session. House members were frustrated by the Senate’s take-it-or-leave-it approach.

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