The Alaska House Finance Committee updated its version of the budget on Wednesday, with $1.2 billion committed to public schools beyond what it already planned.
The Alaska House Finance Committee meets to discuss the state’s improved revenue forecast on Wednesday in the Capitol. The committee’s latest version of the budget includes an additional $1.2 billion to fund public education a year ahead of time.
Nome Democratic Rep. Neal Foster, a committee co-chair, said education is a priority for the House majority. “We come from a commercial fishing background, and I have yet to see a commercial fisherman spend money before his net goes in the water,” he said.He also wants the Legislature to pass the two permanent fund payments he’s proposed, totaling $3,700.
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