Legislature(2009 - 2010)

2010-01-19 House Journal

Full Journal pdf

2010-01-19                     House Journal                      Page 1302
HB 300                                                                                                                        
HOUSE BILL NO. 300 by the House Rules Committee by request of                                                                   
the Governor, entitled:                                                                                                         
     "An Act making appropriations for the operating and loan                                                                   
     program expenses of state government, for certain programs, and                                                            
     to capitalize funds; making supplemental appropriations; making                                                            

2010-01-19                     House Journal                      Page 1303
     appropriations under art. IX, sec. 17(c), Constitution of the State                                                        
     of Alaska; and providing for an effective date."                                                                           
was read the first time and referred to the Finance Committee.                                                                  
The Governor's transmittal letter dated January 15, 2010, follows:                                                              
"Dear Speaker Chenault:                                                                                                         
Under the authority of Art. III, Sec. 18, of the Alaska Constitution, I                                                         
am transmitting a bill relating to the State's operating budget for Fiscal                                                      
Year 2011 (FY2011).                                                                                                             
My number one mission as Governor is to promote economic growth                                                                 
and opportunities for families in Alaska. My budget proposal for FY                                                             
2011 is based on clear priorities from our constitutional mandates for                                                          
spending: education, public safety, transportation, and responsible                                                             
resource development.                                                                                                           
With the mission and priorities set, I established guiding principles for                                                       
the budget. First, we maintain budget discipline by limiting State                                                              
agency growth; second, we focus on results for Alaskans; and third,                                                             
we will take the long-term view for budget and policy decisions that                                                            
will promote the economic growth necessary to allow Alaskans to                                                                 
prepare for the future. This budget also recognizes that responsible                                                            
resource development has allowed Alaska the opportunity to grow and                                                             
prosper, and remains the foundation for our future prosperity.                                                                  
The improved fall revenue forecast is good news for Alaska. Increased                                                           
revenue and fiscal restraint means there will be surplus revenue in the                                                         
current year and next. The projected surplus means we will not have to                                                          
draw on our savings in 2010 or 2011.                                                                                            
Instead, we have the opportunity to save for the future.  I am                                                                  
recommending that we save surplus revenue to forward fund K-12                                                                  
education. I am also proposing to save $400 million and utilize the                                                             
earnings to fund the Governor's Performance Scholarship aimed at                                                                
increasing academic rigor and high school completion rates, which                                                               
will translate into a skillfully trained workforce ready to lead Alaska's                                                       
economy in the future.                                                                                                          

2010-01-19                     House Journal                      Page 1304
I look forward to working with the Legislature to finalize the operating                                                        
budget for the upcoming fiscal year.                                                                                            
                               Sean Parnell