A family appealed to the court, arguing they would be put in a tough financial position if they were to lose the ability to spend the public home-school payments on private and religious education.
The $12.3 billion operating budget includes a $2,270 dividend and $175 million one-time school funding, matching the $680 BSA increase vetoed by the governor.
Alaska's education funding hangs in the balance as federal grant status raises concerns. Legislators scramble for solutions amidst appeals and uncertainty.
The proposal — by House Finance Committee co-chair Rep. Neal Foster — would have resulted in a PFD exceeding $3,000, at the cost of approximately $800 million from the fund.
The House Finance Committee considers breaking a budget rule to pay out a full dividend by overdrawing the Alaska Permanent Fund, sparking debate over fiscal responsibility.