Juneau – The Alaska House of Representatives Friday approved a Fiscal Year 2017 statewide operating budget that shaves 10-percent from the current year’s spending levels for day-to-day government services, a historic cut on top of last year’s equal reduction. “Alaskans spoke clearly: cut first, then look at filling the remaining fiscal gap. That’s exactly what […]
JUNEAU – Governor Bill Walker signed Administrative Order 279 Tuesday, transferring administrative and research functions of the Alaska Commercial Fisheries Entry Commission to the Alaska Department of Fish and Game. These reorganization efforts will save the state over $1.3 million a year while continuing to provide appropriate and effective performance of the commission’s core functions. “With […]
Amid rising budget shortfalls and falling oil prices in Alaska, Standard&Poors released its credit rating for the state of Alaska, lowering the state’s credit rating from AAA down to AA+ on Tuesday. In the report, the CFA of Standard&Poors, Gabriel Petek, said that the ratings actions reflect their view of the state’s credit quality as, […]
January 5, 2016 ANCHORAGE—Governor Bill Walker today ordered restrictions on executive branch travel and hiring as part of the administration’s ongoing efforts to reduce state spending. This action formalizes what many state departments and agencies have already informally begun to do. Travel and hiring considered essential to protect the life, health and safety of Alaskans […]