Legislators are working to balance the state operating budget for the fiscal year that starts July 1, with school funding and Permanent Fund dividends at the forefront of the conversation. Both are likely to be reduced from last week’s House Finance Committee budget proposal, but by how much is still in question.
That budget included a PFD of roughly $3,900 — the highest ever — which House leaders said this week is obviously unaffordable.
“It is not a sustainable number and it’s not something that we should be even stoking the fantasy over – that the number would even be possible – with our constituents,” House Majority Leader Rep. Chuck Kopp (R-Anchorage) said in a press conference Tuesday…