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UA prioritizes its way through budget cuts

...state funding reductions at UAF. The actual gap is closer to $20 million when university-specific fixed costs, debt service and pay increases are factored in, according to a UAF budget report. "UAF-wide, spending reductions in (fiscal...
Legislative Finance director paints sobering budget picture

...To limit spending to that amount, the state would have to cut $1 billion from programs like Medicaid, education, debt service, retirement system payments and oil and gas tax credits - plus eliminate agencies and non-formula programs, Teal's...
Legislature adjourns, convenes new session in Anchorage over minority objections

...1 billion to fund state agency operations for the 2016 fiscal year. Another $1 billion would be needed to cover debt service, fund capitalization and retirement accounts.Rep. Tammie Wilson, R-North Pole, discussed the possibility of...
Walker: Nothing off the table in Alaska budget talks

...billions in a Permanent Fund earnings reserve account.Increases in statewide costs, such as pension system payments, debt service, and oil and gas production tax credits, account for a large portion of the increases in the operating budget over...
Borough annual budget makes its debut

...oil and gas activity.The borough's governmental funds are made up of the general fund, special revenue funds, debt service funds and capital project funds. A public hearing on the budget is scheduled for June 3 at the next assembly meeting...
Senate committee releases its version of education bill

...municipal tax base, which is a way of shifting costs from the state to local taxpayers, and changes in the percentages of debt service for school bonds issued by municipalities that will be paid by the state. Senate leaders put a good face on the bill...
Senate passes capital budget

...plant would be used to offset university revenue bond debt service for the plant.Minority Democrats proposed removing...bill carried a fiscal note of $7 million a year for debt service, but Meyer said that amount could be lower and revenue...
Senate Finance advances budget bill

...annual revenue. That funding along with fuel savings from building a new plant would be used to offset revenue-bond debt service for the power plant project, according to the nonbinding language that expressed the intent of lawmakers.The budget...
Budget work continues on last day of session

...that the funding and fuel savings resulting from construction of a new plant would help offset university revenue bond debt service for the project.It also reflected a proposed withdrawal of $3 billion from the constitutional budget reserve to address...
Kenai proposes half mill increase

...425,479.The city's budget is broken into five funds: general, special revenue, enterprise, permanent and debt service.The general fund finances the city services, such as police, fire and public works while the special revenue fund...


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