Alaska’s Fiscal Year 2015 Budgets.
Funding for new fiscal year which begins July 1st.
The state’s Operating Budget controls the day-to-day expenses of running the state, including staff, office supplies and the telephone bill.
The Capital Budget determines what is spent on infrastructure and big ticket items like buildings and trucks. I tell people to think of the Capitol Building, where the legislature meets.
That Capitol Building is spelled with an “O” while the Capital Budget uses an “A”. If they do work on the building or decide to build a new one, the money for the Capitol Building would be in the Capital Budget.
A third budget that you hear mentioned is the Mental Health Trust Budget. State statute requires that mental health funding be presented in a separate appropriation bill, making it easier to track what funds the state invests in that area.
The Mental Health Budget is HB 267.
And the Capital Budget is SB 119.
Understanding Alaska’s Budget – A great source of simple-to-understand materials on the budget and how it works. Lots of colorful charts, pies and graphics. Site was commissioned by the legislature to help Alaskans understand the budget.
Ballotpedia — Quick overview of budget with lots of links to sources.
Alaska’s Mental Health Trust Fund Budget — The lesser known “third” budget the Alaska Legislature approves.
Alaska Office of Management and Budget — Home Page, links to more on right and in header at top of page.
OMB Links for 2015 Operating, Capitol Budgets — With links to 20-million pages of information and backup data.
Glossary of Budget Terms — In case you get confused reading through those 20-million pages of information and backup data.
Citizen’s Guide to Alaska Budget — (Opens in PDF format) One of those old goodies from the Legislature that explains how the process works.
Swiss Army Knife Guide to Alaska Budget Process – (Opens in PDF format)
You have not lived until you’ve read through the Swiss Army Knife. It was updated in 2012, so it’s pretty snazzy compared to the old classic version. This a “Classic” for all the right reasons.
It’s what the Alaska Legislature uses to teach staff and new legislators about how the budget process works.