ANCHORAGE – Governor Bill Walker released the FY2017 (July 1, 2016 – June 30, 2017) appropriation and revenue bills Tuesday as part of the Walker-Mallott Administration’s New Sustainable Alaska Plan. Rolled out last week in Anchorage, the plan addresses the state’s $3.5 billion budget deficit using a combination of spending cuts, new revenue, wealth management […]
(JUNEAU, Alaska) – The Alaska Department of Transportation and Public Facilities, Alaska Marine Highway System (AMHS), is inviting Alaskans to participate in six community engagement meetings scheduled across coastal Alaska. The goal of the public meetings is to lead a constructive dialogue around the fiscal challenges that face AMHS. All state agencies are working with […]
WASHINGTON—The U.S. Congress faces critical fiscal deadlines at a time of upheaval and uncertainty on Capitol Hill. Lawmakers are returning from a weeklong recess still wondering who will lead the House of Representatives. It has been nearly a month since House Speaker John Boehner announced his departure effective at the end of this month. No […]
A new report from the Alaska Department of Revenue shows a substantial negative effect on the finances of the State of Alaska from large oil and gas tax credits. The report concludes that North Slope oil and gas production tax credits may be an inferior investment for Alaska compared to investing in the Constitutional Budget […]