The 2012 Capital Budget passed on Saturday. The $3.2 billion infrastructure spending plan includes $719 million in federal receipts, $440 million in alternative energy developments, as well as approximately $900 million in savings components and debt payment. The controversial language which bound all of the statewide energy projects into one package was removed.
The major features are:
$400 million - Governor’s Scholarship Program savings account (*earnings on fund will finance scholarships and needs based educational grants)
$200 million - State Gasline Development savings account
$200 million - Debt Payment
$100 million - Statutory Budget Reserve deposit – in addition to $1 billion SBR deposit in operating budget
$260 million - Major Maintenance and School Construction Projects
$12 million - Tourism marketing
Juneau will receive $77 million in infrastructure funding for energy, transportation, harbors and facilities projects.
Some of the highlights include:
$17.5 million - Brotherhood Bridge and Industrial Blvd
$4 million - Fritz Cove Road Rehabilitation
$5 million - Auke Bay Harbor
$7.5 million - Juneau Cruise Ship Dock
$5 million - State Libraries and Archives Project
$5 million - Native Heritage and Archives Building
$4 million - UAS Banfield Hall
$11 million - Glacier Highway – Eagle Beach to Bessie Creek
$1.2 million - Auke Lake Trail/Wayside – connecting UAS to Brotherhood Bridge
A complete list of Juneau projects and a summary of House district funding is attached.
House District Summary.pdf (357.63 kb)
Capital Budget Items for HD 3 & 4.pdf (62.08 kb)
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