Lower-than-expected oil prices results in lowest inflation-adjusted dividend since payouts began in 1982.
Flat funding, combined with inflation, will mean service cuts in many places across the state.
Conference committee seeks to resolve 400 differences in House, Senate budgets as session nears end.
City leaders spend marathon evening seeking to resolve notable items during year when funds are short.
State’s capital budget about to pass Legislature with no projects for individual legislators’ districts.
Proposal now goes to the House; if lawmakers reject it there, further negotiations are in store.
Committee leaders say they’ve created a “buffer” against a huge expected deficit in 2026.
Proposal eliminates proposals for new troopers, help for education and would cut prison space.
Under-construction state operating budget now goes to Senate, which is expected to make further cuts.
House majority leaders appeal to GOP minority, Gov. Dunleavy for agreement on spending plan.
House Finance plan passes after battles among allies as well as opponents; vote on $1,000 PFD fails 7-4.
Unknowns as Assembly begins two-month process are contract negotiations, federal funding.
Legislators on all sides agree PFD will shrink drastically before floor vote to avoid $2 billion deficit.
State faces short-term and long-term fiscal problems this year, with many options being considered.
Broadband for rural schools, K-3 reading assistance, disaster aid, ferry system among other vetoes.
Assembly members reject $4M for new nonprofit family center site, suggest using existing facilities.
The Alaska House of Representatives approved a major increase to state spending on school repairs and renewable energy on Tuesday as it voted 39-1 to… Continue reading
