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Walker: Medicaid expansion, Interior energy bill must-haves

...end when oil flowed and prices were high. Walker acknowledged that the state's ability to replenish its constitutional budget reserve fund has been "significantly modified.""That's why we have to look at this significantly differently and...

http://peninsulaclarion.com/news/2015-03-25/walker-medicaid-expansion-interior-e
News
Budget, confirmation hearing expected in legislature

...ultimately is included in the budget since legislators expect they will need a three-fourths vote to tap the constitutional budget reserve fund to help cover budget costs. Formula programs, like education and Medicaid, are budget drivers. Senate...

http://peninsulaclarion.com/becky-bohrer/2015-03-08
News
Gov. Walker says he's haunted by savings draw-down rate

...situation as dire but has cautioned against panic.Depending on spending and oil prices and production, the constitutional budget reserve fund could last until the early 2020s or be gone in the next couple years.The state is pursuing a major liquefied...

http://peninsulaclarion.com/news/2015-01-24/gov-walker-says-hes-haunted-by-savin
News
Panel proposes more school money, pension option

...Annual payments would start out at about $160 million.At the start of the current fiscal year, the constitutional budget reserve fund - which requires a three-fourths vote of the House and Senate to tap - had about $11.6 billion.Neither...

http://peninsulaclarion.com/news/2014-04-01/panel-proposes-more-school-money-pen
News
Senate passes new approach to pension obligation

...to a conference committee.The Senate, like Gov. Sean Parnell, proposed moving $3 billion from the constitutional budget reserve fund to help cover the state's nearly $12 billion pension obligation. But the Senate plan would divvy the...

http://peninsulaclarion.com/news/2014-04-19/senate-passes-new-approach-to-pensio
News
Voices of Alaska: Oil industry crucial to Alaska economy

...in the bank, thanks to our oil revenues: $50 billion in the Permanent Fund, $12.4 billion in the constitutional budget reserve fund and $4.8 billion in the statutory budget reserve.On a more personal level, oil revenues contribute...

http://peninsulaclarion.com/opinion/2014-06-10/voices-of-alaska-oil-industry-cru
Opinion
Parnell reiterates call for action on pension issue

...year, according to Parnell's budget office.Parnell has said a $3-billion transfer from the state constitutional budget reserve fund, divided between the public employees' and teachers' retirement systems, would lower annual payments...

http://peninsulaclarion.com/news/2014-03-22/parnell-reiterates-call-for-action-o
News
Supplemental budget includes peninsula projects

...the administration over the vetoed projects. The supplemental budget also sends $2.6 billion to the Constitutional Budget Reserve Fund and another $1 billion to the Statutory Budget Reserve Fund. That might make spending money on the restored...

http://www.peninsulaclarion.com/stories/030908/news_4504.shtml
News
Lawmakers weigh savings

...Johnny Ellis, D-Anchorage. Ellis is the lead sponsor of SB142, which would move $2 billion from the Constitutional Budget Reserve Fund into the Permanent Fund. The measure would put another $2 billion from the reserve fund into a special...

http://peninsulaclarion.com/news/2012-01-16/lawmakers-weigh-savings
News
Steady drip a call for rainy day PERS/TRS funding

...the operating budget. While Governor Palin has proposed to place $1.8 billion of the surplus into the Constitutional Budget Reserve Fund, I believe it would be more responsible to address the unfunded liability of PERS and TRS. The CBR is the state...

http://www.peninsulaclarion.com/stories/021507/oped_0215ope001.shtml
Opinion
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