The bill amends the Executive Budget Act to improve strategic planning and performance management for Alaska's executive branch agencies. It introduces requirements for state entities to create comprehensive strategic plans and mission statements that align with the governor's priorities, mandating updates every two years. These plans must include specific goals, measurable objectives, and an analysis of external factors affecting their success. The Office of Management and Budget will review these plans for consistency with statewide priorities and legislative appropriations. Additionally, performance plans must be submitted alongside strategic plans, with the legislature playing a more active role in their review to promote results-based governance.

Further amendments to AS 37.07 enhance financial and performance planning for state entities, boards, and commissions. Each board and commission is required to submit an annual financial plan by December 15, detailing budget requests and expenditures for the upcoming fiscal year. The bill also mandates that state entities establish performance plans that align with their strategic plans, including program structures and performance measures. It emphasizes public transparency by declaring all documents sent to the office as public information and requires the governor to identify statewide priorities and present strategic plans to the legislature. The act is set to take effect on July 1, 2025.

Statutes affected:
SB0037A, AM SB 37, introduced 01/10/2025: 16.05.110, 16.05.140, 37.07.085, 37.07.050, 37.07.010, 37.07.014, 37.07.016, 37.07.040, 37.07.020, 37.07.055, 37.14.003, 37.07.060, 35.10.015, 37.07.070, 37.07.080, 37.07.120, 44.66.050