State of Alaska
Fiscal Note
Bill Version: SB 86
2023 Legislative Session
Fiscal Note Number: 1
(S) Publish Date: 2/27/2023
Identifier: SB086-VAR-EXE-02-24-23 Department: Various
Title: REJECT COMPENSATION COMM Appropriation: Various
RECOMMENDATIONS Allocation: Executive Branch
Sponsor: FINANCE OMB Component Number: 0
Requester: (S) FINANCE
Expenditures/Revenues
Note: Amounts do not include inflation unless otherwise noted below. (Thousands of Dollars)
Included in
FY2024 Governor's
Appropriation FY2024 Out-Year Cost Estimates
Requested Request
OPERATING EXPENDITURES FY 2024 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029
Personal Services
Travel
Services
Commodities
Capital Outlay
Grants & Benefits
Miscellaneous
Total Operating 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Fund Source (Operating Only)
None
Total 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Positions
Full-time
Part-time
Temporary
Change in Revenues
None
Total 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Estimated SUPPLEMENTAL (FY2023) cost: 0.0 (separate supplemental appropriation required)
Estimated CAPITAL (FY2024) cost: 0.0 (separate capital appropriation required)
Does the bill create or modify a new fund or account? No
(Supplemental/Capital/New Fund - discuss reasons and fund source(s) in analysis section)
ASSOCIATED REGULATIONS
Does the bill direct, or will the bill result in, regulation changes adopted by your agency? No
If yes, by what date are the regulations to be adopted, amended or repealed? N/A
Why this fiscal note differs from previous version/comments:
Not applicable, initial version.
Prepared By: Laura Timko, Policy Analyst Phone: (907)500-8447
Division: Office of Management and Budget
REPORT Date: 02/27/2023 10:00 AM
ED
SFC 02/2 OUT OF
Approved By: Neil Steininger, Director Date: 02/27/23
Agency: Office of Management and Budget
7/2023
Printed 2/27/2023 Page 1 of 2 Control Code: meTPM
 SB 86 - Fiscal Note 1
FISCAL NOTE ANALYSIS
STATE OF ALASKA BILL NO. SB086
2023 LEGISLATIVE SESSION
Analysis
This legislation rejects the recommendations of the Alaska State Officers Compensation Commission.
The Commission recommended a 2% salary increase for each year since the last increase for the Governor, the Lt.
Governor, and department heads. Their findings concluded that the salaries of these positions have not kept pace with
inflation. The last salary increase for these positions were 2011 for the Governor and Lt. Governor and 2015 for
department heads.
If the recommendations were accepted the salaries would increase as follows:
Governor: From $145,000 to approximately $176,000
Lt. Governor: From $125,000 to approximately $140,000
Department Heads: From $141,000 to approximately $168,000
Should the Legislature reject the recommendations of the Commission, there will be no fiscal impact to the state, and
therefore, a zero fiscal note is submitted.
(Revised 08/26/2022 OMB/LFD) Page 2 of 2
SB086-VAR-EXE-02-24-23 Page 2 of 2 Control Code: meTPM