Local News

Governor approves capital budget / no projects cut

Governor Sean Parnell on Wednesday (5/28) signed Alaska’s budget bills into law. With all funds, including Permanent Fund dividends, Federal dollars, and Fiscal Year 2015 appropriations, the budget totals $12.8 billion. The budget also reduces general fund spending by $1.1 billion.

The governor did not cut any projects from the final list.

Capital projects in Ketchikan funded with state dollars include:

– $1.1 million to the Alaska Industrial Development and Export Authority for Ketchikan Shipyard’s land-level berth II.

– $2.2 million for Ketchikan Pioneer Home deferred maintenance

– $132,000 for deferred maintenance at the Ketchikan Regional Youth Facility

– Designated funds of $620,000 for the Borough Biomass Heating project

State funding also provides $1 million for the Inter-Island Ferry Authority
Federal dollars include:

– $7.5 million for South Tongass Highway paving from Herring Cove to the end of the road.

– and $1 million for road widening from Dearmount Street to Saxman.

You can find more information about capital projects throughout the state by following the following links.

http://gov.alaska.gov/parnell/press-room/fy15-budget.html

http://omb.alaska.gov/html/budget-report/fy-2015-budget/enacted.html

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