Alaska state budget (2011-2012)
| Note: This article was last updated in 2012. Click here for more recent information on state budgets and finances. |
Alaska's Governor Sean Parnell on June 29, 2011 signed budgets totaling $11.4 billion, $6.9 billion of which came from the state’s general fund.
The Appropriations Bill for fiscal year 2012 can be accessed here.
At the start of fiscal year 2012, the state had $15.9 billion in undesignated savings, a category that includes the constitutional and statutory budget reserve funds and Permanent Fund earnings reserve account. The total market value of the Permanent Fund was at approximately $39 billion.[1]
Education spending
For fiscal year 2012, Alaska devoted 23 percent of its total spending to education, up from 21.6 percent in fiscal year 2009.[2]
| Fiscal year | Total spending[3] | Education spending[4] | Percent education spending |
|---|---|---|---|
| 2009 | $14.3 billion | $3.1 billion | 21.6% |
| 2010 | $13.9 billion | $3.1 billion | 22.3% |
| 2011 | $13.8 billion | $3.2 billion | 23.1% |
| 2012 | $14.3 billion | $3.3 billion | 23.0% |
Footnotes
- ↑ The Associated Press, "Alaska lawmakers to weigh how much to save," Jan. 16, 2012 (dead link)
- ↑ State Budget Solutions, "Throwing Money At Education Isn't Working," September 12, 2012
- ↑ USGovernmentSpending.com, "Alaska Government Spending Chart - Total Spending," August 4, 2012
- ↑ USGovernmentSpending.com, "Alaska Government Spending Chart - Education Spending, "August 4, 2012
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State of Alaska Juneau (capital) |
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