Financial estimates show may not be enough revenue to cover the Legislature’s draft spending plan.
$12.3 billion spending plan includes PFD of more than $2,700, but lawmakers expect changes.
Plan boosts dividends $444 by abandoning agreement to put half the amount in reserve fund.
House Finance Committee awaiting new revenue estimates for the coming year before finishing draft.
However, a “statutory” $3,688 PFD would result in a deficit of more than $1.2 billion, report says.
New plan moves staff from Permanent Fund building, opening space for city to put all employees there
Board to meet next week to review all non-required expenses, such as student activities, for cuts.
Republican Gov. Mike Dunleavy’s administration has missed a legal deadline to expand Alaska’s public spending database to some of its most heavily scrutinized state corporations,… Continue reading
Southeast items include $9.5M to replace patrol vessel, $1.5M to thin “overly dense young forests.”
Items to escalate state’s subsistence fight with feds and enhance drone use for law enforcement.
Revenue forecast also released calls for oil prices that could result in supplement to PFD.
Dunleavy also highlights initiatives to address “affordability” issues, and charter and home schools.
“Very draft” $190 million spending plan for FY25 based on status quo has $1 million deficit.
Governor cuts $200 million in capital projects, other spending from bill passed by Legislature
Sales tax and special session loom as possibilities.
Assembly members makes some tough calls as it works through the budget process.
State takeover of wetlands permitting, lack of support for social services among main issues
