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Alaska Senate Unanimously Passes Budget, Closes Gap
The Daily News Now!
Host
John Smith
Senator Sarah Johnson
Guest
Here's more Anchorage news from March 14th.
The Alaska Senate unanimously passed a supplemental budget this week to cover a $343 million
gap in essential state.
Spending.
Those funds will match federal money for transportation projects and provide support
for disaster prevention and relief efforts across the state.
This move comes after projections showed a sudden spike in oil revenues helping close
the shortfall.
Some makers from both parties agreed it was a practical step to keep communities funded
and secure tens of millions in federal infrastructure dollars.
State leaders have faced ongoing fiscal pressures for years due to ups and downs in oil income
with similar revenue boosts seen four years ago during.
Global events.
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