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House ends stalemate, passes state spending plan

...childhood learning programs, the ferry system and University of Alaska system. That money would come from the constitutional budget reserve fund. The way the bill is written, full funding for the per-student funding formula for the coming fiscal...

http://peninsulaclarion.com/news/2015-05-30
News
What others say: Reserve funds transfer would hurt state's future fiscal options

...in the accounts to help keep the state afloat for at least a few years - mostly in the $10.1 billion Constitutional Budget Reserve fund. The bad news, at least for the majority caucus, is that the CBR requires a three-quarters vote by...

http://peninsulaclarion.com/opinion/2015-05-27/what-others-say-reserve-funds-tra
Opinion
Walker won't force Juneau as special session venue

...not fully funded for the coming year after the House failed to garner the support needed to draw from the constitutional budget reserve fund. That fund is not the only one available to help cover costs of government; others are more easily accessible...

http://peninsulaclarion.com/news/2015-05-19/walker-wont-force-juneau-as-special-
News
Gov. Bill Walker veto means layoff notices could loom

...have shown little sign of progress.Support from the Democratic-led House minority is needed to tap the constitutional budget reserve fund. The budget passed by lawmakers cut education funding and rejected negotiated union pay increases, moves...

http://peninsulaclarion.com/news/2015-05-18/gov-bill-walker-veto-means-layoff-no
News
Walker says he won't rescind special session proclamation

...the fiscal year starting July 1. The House fell short of the votes needed to authorize a draw from the constitutional budget reserve fund. Support was needed from members of the Democratic-led minority to meet the necessary threshold, but...

http://peninsulaclarion.com/news/2015-04-29/walker-says-he-wont-rescind-special-
News
Legislature adjourns; governor calls special session

...for next year after the Democratic-led House minority failed to support the budget and a draw from the constitutional budget reserve fund to cover costs. Minority members opposed the budget's cuts to education and its rejection of negotiated...

http://peninsulaclarion.com/news/2015-04-27/legislature-adjourns-governor-calls-
News
Questions linger as date for lawmakers to reconvene looms

...funded budget for the fiscal year beginning July 1. The House fell short of the votes needed to tap the constitutional budget reserve fund to cover costs. Support from the Democratic-led minority was needed to reach the required threshold...

http://peninsulaclarion.com/news/2015-05-07/questions-linger-as-date-for-lawmake
News
Leaders raise potential of budget vote without reserve draw

...raised the potential of passing a state spending plan without a vote authorizing a draw from Alaska's constitutional budget reserve fund. House Speaker Mike Chenault said if the House and Senate majorities reach an agreement on education funding...

http://peninsulaclarion.com/news/2015-04-25/leaders-raise-potential-of-budget-vo
News
Agreement reached by Senate, House majorities

...raised the potential of passing a state spending plan without a vote authorizing a draw from Alaska's constitutional budget reserve fund.House Speaker Mike Chenault said if the House and Senate majorities reach an agreement on education funding...

http://peninsulaclarion.com/news/2015-04-25/agreement-reached-by-senate-house-ma
News
Legislature headed for overtime

...minority. It has been expected that a three-fourths vote would be called for to draw from funds from the constitutional budget reserve fund to help balance the budget. In the House, that would require Democratic support to meet that threshold...

http://peninsulaclarion.com/news/2015-04-19/legislature-headed-for-overtime
News

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