Legislative finance warns of a $1.5 billion FY27 shortfall and flags Medicaid, ferry grants and SNAP-match risks Legislative Finance Division briefed the House Finance Committee on Jan. 29 on the governor's FY27 budget, reporting an adjusted-base outlook that shows a projected FY27 deficit of just over $1.5 billion and citing risks including Medicaid supplementals, uncertain federal grants for the Alaska Marine Highway System and potential SNAP administrative-match liabilities.

Alaska's FY27 budget faces a staggering $1.5 billion shortfall, raising alarms over Medicaid funding, ferry grants, and potential SNAP liabilities!

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