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Walker seeks input to balance budget

...pictured graphically.State Commissioner of Revenue Randy Hoffback said the model is similar to one put together earlier by David Teal, director of the Division of Legislative Finance, but has more bells and whistles."It has more precision," he...
Building a sustainable future: Conversations with Alaskans

...the need to provide for public education, public safety, and public health. The Legislature's finance director, David Teal, points out that if we laid off every state employee whose salary comes from state general funds, it would still not...
Tough budget decisions remain in Alaska

...federal matching-grant requirements.Cuts to agency operations are always tough, Legislative Finance Division Director David Teal said. The lengthy legislative debate this year - which prompted preparations for a potential government shutdown - bore...
Lawmakers sweep $94 million into rainy day fund

...House minority members for add-backs to education or other programs wouldn't be needed.Legislative Finance Director David Teal said Saturday that theory doesn't fly. The $94 million is not enough to cancel out a vote, nor are there other reappropriations...
Legislative Finance director paints sobering budget picture

...economic impact of cuts needed for a sustainable state budget would be far worse than the crash Alaska saw in the 1980s.David Teal made the comment in speaking to the challenge in focusing on cuts to achieve a sustainable budget.Teal delivered an...
CH2M Hill calls off Alaska unit sale

...with next year, and he said lawmakers might want to prefund the full amount. Legislative Finance Division Director David Teal said "short-funding," as he referred to it, can make the deficit for next year look smaller. "And now more than...
Alaska faces lean budget times as oil prices fall

...numbers just don't allow you to cut your way out of this, not without some severe impacts on the economy," said David Teal, director of the Legislative Finance Division.Alaska is no stranger to oil's booms and busts. In the last few years...
Alaska lawmakers will scrutinize budget, pot and Medicaid

...special speech Thursday night.The size of the budget hole is unprecedented, according to Legislative Finance Director David Teal. The current year deficit is estimated at $3.5 billion, up $2.1 billion from May, when the 2015 budget was signed...
What others say: No cutting our way to prosperity grasp. No amount of cutting would be able to make the state budget sustainable, as legislative finance director David Teal reported to lawmakers last month. Even cutting every state employee would only close half of the gap. So it's frustrating...
House panel advances governor's pension plan

...amid slumping revenues. While the state has billions of dollars in reserves now, Legislative Finance Division Director David Teal said they could be gone by 2024, largely a function of spending and revenue trends.Parnell's plan calls for taking...


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