Senate Finance unveils $1.9B capital budget


by Your Alaska Link News Team

The Senate Finance Committee has unveiled a draft capital budget, totaling about $1.9 billion for next year.

Additional changes are expected before a bill advances, including plans for addressing a new power plant at the University of Alaska Fairbanks campus.

The bill includes $10 million of the $42.7 million Gov. Sean Parnell had requested for the Susitna-Watana hydro project.

Parnell had made $32.7 million of the request contingent upon the Alaska Energy Authority securing land-access agreements for project-related field work. The authority announced it had reached agreement Friday. But committee co-chair Kevin Meyer said the focus has been on pursuing a gas line project and this would essentially put the project on the back-burner, as the gas line effort continues.

Add a comment


Comment: 1000 Characters Left

Coastal Television | AK News, Weather and Sports | and its affiliated companies are not responsible for the content of comments posted or for anything arising out of use of the above comments or other interaction among the users. We reserve the right to screen, refuse to post, remove or edit user-generated content at any time and for any or no reason in our absolute and sole discretion without prior notice, although we have no duty to do so or to monitor any Public Forum.