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Sen. Bert Stedman, a Sitka Republican, was one of the lead negotiators on a budget compromise that the House and Senate are expected to vote on this week. (Klas Stolpe / KINY) Juneau, Alaska (KINY) - The Legislative Conference Committee made up of members of both the House and Senate met over the weekend to hash out the state s budget. The Senate had gone into the negations with a dividend proposal of $2,300 while the House had no proposed amount. An amendment was made to the Senate amount by Sitka State Senator Bert Stedman which provides for an approximate $1,100 dividend. The total cost of the dividend is 739 million. 370 million will be from the general fund, 320 million from the statutory budget reserve fund, and 48 million from the constitutional budget reserve fund.

United statesState of alaskaNeal fosterBart lebonMike dunleavyKlas stolpeDonny olsonBert stedmanConference committeeSitka republicanLegislative conference committeeSitka state senator bert stedmanState representative neal fosterState senator donny olsonState representative bart lebonState house