House passes $6.4 billion operating budget with compromise $2,689 PFD

The Alaska House approved the operating budget on Monday, allocating $1.7 billion for $2,689 Permanent Fund dividends for this fall. However, there is a shortfall of about $600 million, which means the budget may need to rely on cuts in the Senate or dipping into the Constitutional Budget Reserve to balance. Using funds from this … Continue reading House passes $6.4 billion operating budget with compromise $2,689 PFD