Governor's Budget Proposes Economic Recovery Payment to Alaskans, Job Creation & Infrastructure Development
Overall Budget Cut $290 Million
Posted & Edited By MARY KAUFFMAN
Tuesday PM
(SitNews) Anchorage, Alaska - Alaska Governor Mike Dunleavy announced his Fiscal Year 2022 (FY22) budget package Friday,
A Path Forward, with the goal of stabilizing the state’s economy in the wake of a devastating global pandemic which he says honors his commitment to Alaskans. According to the governor, the FY22 budget creates efficiencies within government, implements the basis for a stable fiscal future, puts money into Alaskans’ hands, and prioritizes job creation and infrastructure development.
Governor Dunleavy said, “This year has presented Alaskans with challenges unlike any we’ve experienced in this lifetime. The widespread global pandemic led to economic devastation for every sector of Alaska’s economy. In the face of this, Alaskans adapted and overcame many hurdles, successfully completing a construction season and a safe fishing season. The state and federal government partnered to distribute $2.3 billion of Federal CARES Act funds to Alaska businesses, $1.3 billion to Alaskan workers, and $568.6 million in community assistance.”