Share “Senate passes $2 billion capital spending...”

Senate passes $2 billion capital spending package

Published on NewsOK Modified: April 6, 2013 at 9:07 pm •  Published: April 6, 2013

Meyer said he was appalled that work on the buildings would begin without the full funding in hand, which he said isn't the Legislature's problem or mistake. Meyer said he would be willing to have a conversation about whether to dig into savings for the projects or, in the future, consider an education bonding package.

The spending plan includes a $1.9 billion capital budget for next year, in addition to some items for the current year, including about $95 million to further advance work on the Susitna-Watana hydro project. Meyer said the goals for the capital budget were finish projects already under way, maintain existing assets and include projects that were deemed critical or of greater importance to individual senators.

But Sen. Bill Wielechowski, D-Anchorage, said he's been a big supporter of capital budgets in the past but he said he was confused by some of the priorities in this bill. He said there also was a lack of balance, which he said he hopes can be restored on the House side.

That's where the bill is now headed, with just days left in the legislative session.