Senate Finance proposes $1.4B capital budget

KTUU News
By: Kortnie Horazdovsky

The Alaska Senate Finance committee rolled out its version of the state’s capital budget Wednesday afternoon – making more than $280 million in reductions to the version proposed by Gov. Bill Walker.

The capital budget, which provides for the state’s infrastructure like roads, airports and buildings, came in at $1.4 billion. Of that, nearly $142.5 million is in unrestricted general funds. Most of the rest is from federal and other sources.

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