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Senate Bill 155 seeks to move Alaska forward into the next decade by investing in Alaska’s education infrastructure.
Senate Bill 155 transfers $344,488,471 from the earnings of the Permanent Fund to the major maintenance grant fund and construction of education facilities across Alaska. $219,988,471 is allocated to k-12 maintenance and new construction. $124,500,000 is allocated to institutions of higher learning and projects that benefit the education of all Alaskans.
According to projections provided by the Legislative Finance Division, the transfers made in SB 155 would have less than 1% effect on Permanent Fund Dividends over a fifteen-year period.
It is my position that this investment from the earnings of the Permanent Fund for Alaska's education infrastructure needs is both appropriate and necessary in order to provide Alaskans adequate and safe facilities to learn and grow intellectually.
Your support is greatly appreciated.
Senator Ben Stevens
Project List &
Allocation
Total: $344,488,471
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DEED CIP (Major Maintenence)
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$141,800,817
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OTHER MAINTENENCE
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$22,856,490
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OTHER (NEW) CONSTRUCTION
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$55,331,164
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UNIVERSITY OF ALASKA/OTHER
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$124,500,000
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DEED CIP FY06
Major Maintenance Grant Fund
Total: $141,800,817
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DISTRICT
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DOLLAR
AMOUNT
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Alaska Gateway
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$2,837,307
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Aleutians East
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223,885
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Anchorage
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40,337,285
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Annette Island
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486,312
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Bering Strait
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5,074,147
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Chatham
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2,020,254
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Chugach
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272,361
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Copper River
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2,777,275
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Denali Borough
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607,194
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Iditarod Area
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1,465,840
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Juneau
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4,196,504
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Kenai
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1,252,401
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Lake & Peninsula
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7,309,557
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Lower Kuskokwim
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44,429,561
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Mat-Su
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2,676,283
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Nenana City
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1,241,910
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Northwest Arctic
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5,870,181
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Saint Mary
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304,449
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Sitka
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5,287,477
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Southeast Island
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141,415
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Wrangell City
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1,966,353
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Yakutat City
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634,434
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Yukon Flats
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4,538,060
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Yukon-Koyukuk
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5,850,372
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OTHER
MAINTENANCE
Total: $22,856,490
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DISTRICT
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DOLLAR
AMOUNT
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Fairbanks
Barnette Elementary Renovation Phase II
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$11,500,000
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Fairbanks
Central Kitchen Replacement
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6,000,000
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Fairbanks
Ryan Middle School Renovation Phase I
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2,500,000
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Homer Middle School Kitchen Construction
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750,000
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Ketchikan High School/Humanities Roof Repair
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297,000
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Kodiak High School Parking Lot Repaving
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1,237,200
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Port Alsworth Library/Classroom Renovation/Relocation
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402,290
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Seward Elementary/Replace Gym Floor & Carpet
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170,000
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OTHER (NEW) CONSTRUCTION
Total:
$55,331,164
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DISTRICT
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DOLLAR
AMOUNT
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South Palmer Elementary School
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$13,000,000
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Trunk Road Elementary School
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11,500,000
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Glennallen Elementary School Improvements
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10,858,662
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Mat-Su/Settlers Bay Elementary School
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12,500,000
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Mat-Su/Colony High School Running Track
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172,502
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Noatak School Relocation
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6,200,000
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Delta Elementary School Completion
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1,100,000
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UNIVERSITY OF ALASKA/OTHER
Total: $124,500,000
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Fairbanks Virology Lab/HSS
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$24,200,000
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Bristol Bay Campus South Addition/UAF
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$1,200,000
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Integrated Science Facility Phase I & II/UAA
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$71,600,000
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Anchorage Museum of History & Art Expansion
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$5,000,000
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Kenai Peninsula College Student Housing
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$7,500,000
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Kenai Peninsula College Classroom Additions
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$3,000,000
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Kenai Cultural Arts & Research Center/UAA
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$500,000
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Kodiak College Vocational Technology Addition Phase I
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$10,000,000
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Mat-Su Campus Planning/UAA
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$1,500,000
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