House Passes FY2016 Operating Budget with Historic Cut

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House Passes FY2016 Operating Budget with Historic Cut

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 […]

Governor Walker Submits Amendments to FY2016 Budget

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Governor Walker Submits Amendments to FY2016 Budget

JUNEAU— Governor Bill Walker Wednesday submitted four major changes, adding $350,000 to his fiscal year 2016 (July 1, 2015 – June 31, 2016) budget. Governor Walker reallocated $6.3 million within the Department of Transportation from roads and highways on a one-time basis to ensure the ferry system can continue services already scheduled. “There are many […]