Parnell signs capital budget, approves power projects
June 30, 2011
by Chris Eshleman for the Fairbanks Daily News-Miner, June 29, 2011
FAIRBANKS — Gov. Sean Parnell signed an annual statewide budget Wednesday that, despite some vetoes, promises millions to help Fairbanks with a nagging air pollution problem and boost renewable energy production.
Parnell cut or reduced proposed spending for a handful of projects, including $6 million to fix up the Noel Wien Public Library and $2 million for a mentoring project. He halved a proposed $10 million grant for Fairbanks’ transportation planning agency.
Parnell also halved a line item that would have let the University of Alaska Fairbanks borrow $67 million for campus projects, saying the $33.5 million balance would be considered “in future budgets.”
The $2.8 billion construction and capital spending act is now seven-eighths the size of drafts inked last month by the state Legislature. Parnell said his cuts will keep state government “at fighting weight.”