Alaska Governor Mike Dunleavy has proposed a three-year, $10 million budget for the Alaska Seafood Marketing Institute (ASMI). This follows his veto of similar funding in the previous fiscal year's budget. Dunleavy emphasized the need for a detailed marketing plan to ensure effective resource utilization and expansion into new markets. ASMI Executive Director Jeremy Woodrow expressed enthusiasm for the proposal, stating that the funding would provide stability during challenging times for the seafood industry.
Gov. Mike Dunleavy's proposed budget for fiscal year 2026 would give the Alaska Seafood Marketing Institute $10 million spread out over three years. The move comes after he vetoed similar funding included in last fiscal year’s budget.. Dunleavy said that the FY2025 funding was only for one year, and he wanted to see a more detailed marketing plan on how the money would be spent.
ASMI Executive Director Jeremy Woodrow was excited by the governor’s announcement. He said if the funding goes through, the institute will have more certainty during a turbulent time for the seafood industry. Woodrow added that the majority of ASMI’s revenue is tied to statewide ex-vessel value, so if those prices are down, then so is the institute’s funding.
Alaska Seafood Marketing Budget Governor Dunleavy ASMI
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