Rep. Kito’s Newsletter: Update on Governor’s vetoes & 5th special session

Rep. Sam Kito's newsletter We all know Alaska is in a bind. Oil prices are currently stabilized, but at a relatively low level, which means that our state income from oil is now in the neighborhood of $705 million unrestricted general funds (UGF). Add in $500 million from non-petroleum revenue and we have about $1.2 billion UGF. While that sounds like a lot of money, we are looking at a General Fund budget of around $4.5 billion. This means that we have a hole of more than a $3 billion in our state budget.
Read More →

Rep. Spohnholz’s Newsletter: Special Session Report and a Look Ahead

Rep. Spohnholz's newsletter On Saturday, June 18th, the House gaveled out of the Special Session with the Senate gaveling out the following day. We accomplished a lot during this time, but failed to reach consensus on some of the most important elements on the agenda. Here is a summary of what happened followed by an update on the NEXT special session scheduled to start on July 11th and some information on local events of interest.
Read More →
Page 7 of 62« First...56789...203040...Last »