Lawmakers only budgeted $40 million of the nearly $800 million that districts say is needed to fix and maintain schools to keep them safe and operating. Gov. Mike Dunleavy then vetoed more than two-thirds of that.
As of 2019, the fund was worth approximately $64 billion that has been funded by oil and mining revenues and has paid out an average of approximately $1,600 annually per resident (adjusted to 2019 dollars).[5] The main use for the fund’s revenue has been to pay out the Permanent Fund Dividend (PFD), which many authors portray as the only example of a basic income in practice.[6][7]
So the state does have the money, it just chooses to let it sit there and fund direct payments back to themselves instead of fixing shit
Alaska has its own oil wealth fund
https://en.m.wikipedia.org/wiki/Alaska_Permanent_Fund
So the state does have the money, it just chooses to let it sit there and fund direct payments back to themselves instead of fixing shit