Senate Passes Operating and Mental Health Budgets
Reduces state agency growth by 3.6 percent
ALASKA – The $9.5 billion fiscal year 2013 operating and mental health budgets, House Bill 284 and House Bill 285, passed the Alaska State Senate Wednesday.
The operating budget will include $6.28 billion in general funds, $2.01 billion in federal funds and $1.21 billion in other state funds. This budget is used to fund Alaska’s day-to-day activities.
In the past few years state agencies have grown roughly 7 percent per year. The Senate Finance Committee was more successful this year in stemming that, working with the Parnell administration and the House Finance Committee to reduce growth 3.6 percent.
A few key provisions added by the senate are $500 million to pay down unfunded liabilities in the Public Retirement System, $5 million to the state's Energy Assistance Program and $250,000 for the Parents as Teachers Program, to support pre-kindergarten, parent-based programs through the state.
The operating and mental health budgets will now head to the house. If the house does not agree with the senate’s changes, both sides will appoint conference committees to work out the kinks.
For a look at the full FY2013 Operating Budget, click here.