Friday, March 13, 2015, Juneau, Alaska – The Alaska House of Representatives early this morning passed a Fiscal Year 2016 statewide operating budget with a historic 10 percent reduction in unrestricted general funds (UGF). Faced with a $3.5 billion deficit, the House Finance Committee found $229 million in reductions to day-to-day agency operations, while prioritizing […]
Juneau – Representative Les Gara (D-Anchorage) intends to file legislation this week to stop a large oil company subsidy that increases the budget deficit. The bill has been filed with the House Clerk and will be officially introduced on Wednesday. “Alaskans pay roughly $14 million a year for oil companies to use the Dalton Highway,” […]
Juneau – Education is Alaska’s best investment and the members of the Alaska Independent Democratic Coalition adamantly object to a proposal to reduce public education funding by over 18 percent. The House Finance Budget Subcommittee for the Department of Education and Early Development approved the FY 2016 budget proposal Tuesday night despite the objections of […]
JUNEAU—Governor Bill Walker Thursday released his budget for fiscal year 2016 (July 1, 2015 – June 30, 2016), which he emphasized is a starting point for discussions. “There are cuts in here, and some will be painful,” Governor Walker said. “Our state right now has a $3.6 billion budget deficit, leading us to draw about […]