Alaska Ignored Warning Signs of a Budget Crisis. Now It Doesn’t Have Funding to Fix Crumbling Schools.

Alaska has its own oil wealth fund

https://en.m.wikipedia.org/wiki/Alaska_Permanent_Fund

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

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Alaska has its own oil wealth fund
https://en.m.wikipedia.org/wiki/Alaska_Permanent_Fund
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