Legislature in final steps before adjournment
May 18, 2022
The borough and Wrangell schools could receive about $4.5 million in state funds, and individuals could receive a fall dividend at least more than double the amount of last year’s payment as the Legislature is in the final day of its regular session on Wednesday.
High oil prices — $50 per barrel above a year ago — have added billions to state revenues and made it easier for legislators to add money to the budget for schools, local public works projects and the annual Permanent Fund dividend.
The Legislature faces a midnight Wednesday adjournment deadline to finish its work. If House a...