AK HB263

Alaska's FY2027 operating budget appropriates $9.51 billion total, with $3.22 billion from unrestricted general funds, $710 million from designated general funds, $779 million from other state funds, and $3.69 billion from federal receipts

Largest agency appropriations include Department of Health at $3.67 billion (primarily Medicaid services at $2.99 billion), University of Alaska at $1.15 billion, and Department of Transportation at $677 million

Transfers $3.997 billion from the Alaska Permanent Fund earnings reserve, with approximately $2.37 billion going to the dividend fund for PFD payments and $1.63 billion to the general fund

Provides additional state contributions to retirement systems: $75.3 million to the public employees' retirement system and $157.2 million to the teachers' retirement system

Appropriates $171.5 million for Alaska Marine Highway System operations and $64 million for fire suppression activities, with authority to draw from the Constitutional Budget Reserve Fund if revenues fall short