JUNEAU— Governor Bill Walker reacted to Standard & Poor’s (S&P) announcement today that Alaska’s credit ratings are being placed on negative CreditWatch. The report cites the lack of a budget for fiscal year 2018, continued reliance on savings to pay for government services, and a lack of new revenues as reasons for the negative outlook. […]
Juneau – Speaker of the House Rep. Bryce Edgmon (D-Dillingham) has released the following statement in response to news that S&P Global Ratings has placed the State of Alaska on its CreditWatch and has indicated that Alaska’s credit rating would likely be lowered without the passage of significant fiscal reforms this year. “Today’s action by […]
(Juneau, AK) – Attorney General Jahna Lindemuth today sat down with legislative leadership in both the House Majority and Senate Majority to brief them on the executive branch’s preparation for a potential shutdown of state government. If the legislature fails to pass a budget by June 30, 2017, the State will be in uncertain and […]
JUNEAU, Alaska) – Alaska Department of Transportation and Public Facilities (ADOT&PF) Commissioner Marc Luiken announced today that ADOT&PF is working with the Department of Law (DOL) to analyze the potential effects of a government shutdown. The following programs and services are potentially at risk of being shut down, delayed or interrupted if the legislature fails […]