(a) There is created as a special account in the general fund the Alaska public building fund into which shall be deposited

Terms Used In Alaska Statutes 37.05.570

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060
(1) payments made to the Department of Transportation and Public Facilities by a public or private occupant of a covered building under an agreement with the Department of Transportation and Public Facilities for costs of the occupant’s use and occupancy of building space; and
(2) appropriations to the Alaska public building fund.
(b) On an annual basis and under Alaska Stat. Chapter 37.07 (Executive Budget Act), the legislature may appropriate amounts from the Alaska public building fund to the Department of Transportation and Public Facilities to pay use, management, operation, maintenance, and depreciation costs related to space of covered buildings managed under an agreement with the Department of Transportation and Public Facilities .
(c) Appropriations to the Alaska public building fund are not one-year appropriations and do not lapse under Alaska Stat. § 37.25.010.
(d) The unexpended and unobligated balance of an appropriation from the Alaska public building fund lapses into the Alaska public building fund at the end of the fiscal year for which it was appropriated.
(e) Nothing in this section exempts money deposited into the Alaska public building fund from the requirements of Alaska Stat. Chapter 37.07 (Executive Budget Act) or dedicates that money for a specific purpose.
(f) In this section, “covered building” means any building owned by the state for which the responsibility for operation, maintenance, and management has been assigned to the Department of Transportation and Public Facilities .