Alaska Senate Majority

Alaska Senate Majority

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04/22/2026

Yesterday, the Alaska State Senate passed the FY27 Capital Budget, and it makes Alaska's K-12 schools a top priority. Of the $88.7 million added by the Senate Finance Committee, 94% goes directly toward K-12 schools.

Here's what this budget means for Alaska's students:
$57 million for major school maintenance, funding the top 15 priority schools on the state's deferred maintenance list, and tank farm repairs at three rural schools
$17 million to replace the Stebbins school, lost to a 2024 fire
$14 million for repairs at Mt. Edgecumbe High School
$17 million for University of Alaska deferred maintenance

And that $248 million in state funds? It unlocks nearly $2 BILLION in federal matching dollars for projects across Alaska.

“The reality is that too many of our schools have deteriorated to the point where students cannot receive the quality education they deserve. One school has even collapsed. This is not acceptable in Alaska, and it is not something we can continue to ignore.” - Sen Bert Stedman

The Capital Budget now heads to the House for consideration. You can read more details on the bill here: https://alaskasenate.org/press/042126_press_release.htm

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