JUNEAU—Governor Bill Walker Monday announced the initial steps to building a life-saving road between the communities of King Cove and Cold Bay. The U.S. Department of Interior issued to the State of Alaska’s Department of Transportation a permit to survey the area for an initial assessment of the best place to begin construction. “Secretary […]
WASHINGTON, D.C. – U.S. Sen. Lisa Murkowski (R-AK) announced Monday that the Department of the Interior is distributing more than $29.69 million to eligible local governments throughout Alaska. These payments are made to boroughs and counties across the United States that contain federal lands to help offset the cost of maintaining community services, such as […]
Juneau – Thursday night, to avert the looming government shutdown, the Alaska State Legislature passed the Fiscal Year 2018 Operating Budget. The compromise budget totals $4.1 billion in Unrestricted General Fund (UGF) spending and sets this year’s Permanent Fund Dividend at $1,100. The K-12 Base Student Allocation (BSA) will be fully funded at $1.2 billion, […]
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. […]