The bill amends the Executive Budget Act and various sections of AS 37.07 to improve strategic planning and performance management for executive branch agencies in Alaska. It introduces new requirements for state entities to develop comprehensive strategic plans and mission statements that align with the governor's priorities, mandating updates at the beginning of each gubernatorial term and every two years thereafter. The Office of Management and Budget is tasked with reviewing and approving these plans to ensure they are consistent with statewide priorities. Additionally, the bill emphasizes the necessity of performance plans, requiring state entities to report on their progress towards the goals outlined in their strategic plans, with the legislature responsible for reviewing these plans to promote accountability and effective resource allocation.

Furthermore, the bill mandates that each board and commission submit a comprehensive financial plan annually by December 15, detailing budget requests and expenditures. It also requires state entities to establish annual performance plans that align with their strategic plans, including program structures and performance measures. Key changes include the insertion of new requirements for the governor to identify statewide priorities and formulate budgets based on comprehensive information, as well as ensuring public access to plans and reports for transparency. The act is set to take effect on July 1, 2025, and includes provisions for legislative review of the governor's proposed plans and budgets to enhance accountability and oversight.

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