02/25/2026 01:30 PM Senate FINANCE

Alaska State Senate Finance Committee · February 25, 2026

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Call to order and agenda announced

6:23 → 8:03(1m 40s)

Chair Steadman called the Senate Finance Committee to order, listed members present and excused, and announced one agenda item: a presentation from the Office of Management and Budget on the FY2026 supplemental budget to 'pay our bills.'

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Senate Finance Committee heard a presentation from the Office of Management and Budget on the governor's FY2026 supplemental budget request totaling roughly $467.7 million, covering formula programs (Medicaid, senior benefits), disaster relief and fire suppression fund capitalization, statewide operating needs, and a $70.2 million DOT match for the Statewide Transportation Improvement Plan.

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Transcript

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