Rep. Gara’s Newsletter: Good Budget News; Corporate Fiscal Plan that Will Harm Schools, Opportunity
June 7, 2016
A lot of good and bad things have happened since I wrote last. Here’s the good, bad, and, well, sorta’ secret stuff people should know about. And, on a revenue plan especially, I’d like to hear from you!
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Rep. Drummond’s Newsletter: Special Session Update
June 3, 2016
After negotiating over the Memorial Day weekend, the Legislature passed a $4.6 billion operating budget. This is a reduction of $500 million from last year. We also passed one of the smallest capital budgets in state history. Nearly $3.2 billion comes from the Constitutional Budget Reserve, the state’s savings account. The session now can be laser-focused on a fiscal plan, before our savings are depleted.
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Rep. Spohnholz’s Newsletter: Special Session Update
June 3, 2016
On Tuesday, the legislature passed a compromise budget package funded by the Constitutional Budget Reserve as is needed. This budget compromise is far from perfect, as are many compromises, but it allows us to keep Alaska open for business so that the fishing, tourism and business communities can continue to operate during the summer. The budget compromise ensures that we don’t face a crippling government shut down which would further damage the State of Alaska’s credit rating and hurt the thousands of Alaskan state employees and those who count on their essential efforts. In this special session update, I will describe these budgets generally as well as what is next in the special session.
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Rep. Tuck’s Newsletter: Special Session Budget Compromise Averts Shutdown and Protects Economy
June 2, 2016
After I led negotiations over the Memorial Day weekend, the Legislature passed a $4.6 billion operating budget on Tuesday. This is a reduction of $500 million from last year. We also passed one of the smallest capital budgets in state history. Nearly $3.2 billion comes from the Constitutional Budget Reserve, the state’s savings account. The session now can be laser-focused on a fiscal plan, before our savings are depleted.
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NEWS: Budget Compromise Prevents Threat of Government Shutdown and Protects the Alaska Economy
May 31, 2016
Juneau – Today, the Alaska Legislature passed fully funded budgets for the next fiscal year that removes the threat of the first ever government shutdown in Alaska. The operating and capital budgets were passed with significant support from members of the Alaska Independent Democratic Coalition (AIDC) after weeks of bipartisan negotiations between the Minority and Majority Caucuses in both the House of Representatives and Senate.
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