Email from Alaska Senate Majority Analysis of the Governor's Budget Summary of Governor Dunleavy’s Proposed Budget Budget Overview: Governor Dunleavy released his budget proposal on December 11, 2025. The plan projects approximately $15.3 billion in total state revenue, including close to $6.2 billion in unrestricted general funds. With expenditures exceeding revenues, the budget would require a draw of roughly $1.5 billion from the Constitutional Budget Reserve, nearly half of the state’s remaining savings. Similar approaches have been proposed in past budgets under this administration, which the Legislature has ultimately had to make changes to. Permanent Fund Dividend (PFD): The proposal includes a full statutory Permanent Fund Dividend, estimated at about $3,650 per resident, which would be among the largest in Alaska’s history. Fiscal Context and Debate: The proposal underscores Alaska’s ongoing fiscal challenges, driven by declining revenues, inflation, and decreased oil prices. Reliance on savings and a large dividend has already raised concerns among lawmakers in past debates, who argue that funding a full PFD, while risking underfunding essential state services, is not a sustainable plan for Alaskans now, and for generations in the future. Outlook: As we’ve seen in previous years, a budget centered on a full PFD amid declining oil prices is widely viewed as unmanageable and unrealistic. The Legislature will work to revise the proposal to better balance long-term fiscal stability with essential services, while potentially including new or revised revenue measures during the upcoming session. Additional Items Funded in the Governor’s FY27 Proposed Budget: $1.4 billion for full statutory funding of K–12 schools $350 million for public safety $98 million for behavioral health treatment $40 million for disaster relief $34 million for fire suppression $26 million for the Alaska Seafood Marketing Institute (ASMI) $13 million for the Alaska Industrial Development and Export Authority (AIDEA) $10 million for the creation of a Department of Agriculture For a more comprehensive look at the Governor’s proposed budget, visit: [link removed] Legislative Budget & Audit Committee The Legislative Budget & Audit Committee is currently in the process of planning a meeting for January 2026. 2026 Legislative Committees These are the committees that I am currently on for this upcoming legislative session: Main Committees Chair of the Legislative Budget & Audit Committee Member of the Legislative Council Member of the Senate State Affairs Committee Member of the Senate Community & Regional Affairs Committee Member of the Senate Labor & Commerce Committee Finance Subcommittees Member of the Commerce, Community, & Economic Development Committee Member of the Family & Community Services Committee Member of the Senate Health Committee Member of the Senate Labor & Workforce Development Committee My Bills Below is a list of bills that I have introduced, several of which will be priories in the upcoming session: The bills: SB 6 - Asian American/Pacific Islander Program SB 7 - Chokehold Ban SB 8 - Education for Deaf & Hearing Impaired SB 20 - CPR Curriculum SB 40 - Hispanic Heritage Month SB 41 - Public Schools: Mental Health Education SB 42 - Law Enforcement: Registry; Use of Force SB 53 - Law Enforcement Agency Accreditation SB 101 - Health and Personal Safety Education SB 103 - CNA Training SB 119 - Fundamental Rights; Anti-Discrimination bill SB 120 - Climate Change Commission SB 127 - Education for Visually Impaired Students SB 168 - Medical Assistance; Family Planning SCR 4 - Mental Health Month; Tardive Dysk Week Interim is Almost Over! With the legislative session approaching, my office will soon begin transitioning back to Juneau. My staff is normally in the Anchorage office Monday through Friday, from 9:00 a.m. to 5:00 p.m., and I am typically available from 11:30 a.m. to 5:00 p.m., unless I have an earlier meeting scheduled with constituents. Since December 23rd, the Anchorage office has had reduced staffing for the holiday period as we take time to be with our families. Starting January 5th, you may contact my staff at any time using the information below. As we transition to Juneau for the session, we will remain available to assist you. As always, I respond to emails personally, so please feel free to reach out if you need assistance during this time. I am always available to hear your concerns and welcome every opportunity to connect. Your input and engagement are vital to the legislative process. Please do not hesitate to call our office with questions, concerns, or help with legislation. We look forward to seeing some of you in Juneau during the session. As always, it is my honor to work for you! Staff contact: Clark Bickford Chief of Staff 907-269-0174 Jamie Bagley Legislative Aide 907-269-0174 Jeff Stepp Legislative Budget & Audit Aide 907-465-3721 Send us an Email Follow Me on Facebook Follow Me on Twitter I’m Senator Elvi, always..... "Listening and Representing Your Interests!” Alaska Senate Democrats | Capitol Building 4th Avenue & Main Street | Juneau, AK 99801 US Unsubscribe | Constant Contact Data Notice