Alaska legislators approve $2.5 billion for new construction and renovation projects

By: James Brooks

Outlets: Alaska Beacon

Published: May 16, 2026

Words: 664

Last Updated: 2 months ago

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Five days before the end of their regular legislative session, the Alaska Legislature has almost finalized the state’s annual capital budget, one of four regular budget bills that pass through the Capitol annually.

Passed by the state House in a 24-16 vote on Friday, the capital budget contains $2.5 billion in spending, including $323 million for drinking water projects, $148.3 million for K-12 public school repairs and construction and $42.5 million for the University …

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