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Lawmakers sweep $94 million into rainy day fund

...Negotiating with 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...

http://peninsulaclarion.com/news/2015-04-11/lawmakers-sweep-94-million-into-rain
News
Legislative Finance director paints sobering budget picture

JUNEAU - The director of the Legislative Finance Division laid out a sobering picture of the state's budget outlook Thursday, saying the 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.

http://peninsulaclarion.com/news/2015-03-26/legislative-finance-director-paints-
News
Kenai manages money

...in the fiscal year 2015 budgets of both the Planning and Zoning commission and the Legislative Department. Kenai finance director Terry Eubank said that this duplicated funding, which was discovered during a review in preparation for the fiscal...

http://peninsulaclarion.com/news/2015-03-19/kenai-manages-money
News
What others say: No cutting our way to prosperity

...it's difficult to 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...

http://peninsulaclarion.com/opinion/2015-04-06/what-others-say-no-cutting-our-wa
Opinion
Business news

...achievement and reflects the commitment to meeting the highest principles of governmental budgeting. Craig Chapman, KPB Finance Director, accepted the award on behalf of his department's achievements.The borough was one of 1,424 entities that...

http://peninsulaclarion.com/news/2015-02-16/business-news
News
Data shows aging borough population

...Alaska. You come here and son-of-gun you wake up one day and you're still here."Terry Eubank, city of Kenai Finance Director, said that one reason for the high percentage of seniors could be attributed to the borough's property tax exemption...

http://peninsulaclarion.com/news/2015-01-26/data-shows-aging-borough-population
News
Congress not looking out for rural communities

...Fortunately the Kenai Peninsula Borough isn't in a position to have to budget for the funds and Craig Chapman, finance director, told the Clarion earlier this week that the borough's budget leaves room for the possibility that the payments...

http://peninsulaclarion.com/opinion/2015-01-24/congress-not-looking-out-for-rura
Opinion
Three local businesses face liquor license protests over unpaid taxes

...most among the five businesses, with more than $41,000 in sales taxes due, according to a memo through borough Finance Director Craig Chapman.Hooligan's owner Molly Blakeley-Poland said she is working on a payment plan and declined to...

http://peninsulaclarion.com/news/2015-01-20/three-local-businesses-face-liquor-l
News
Century old law returns to fund forest communities

...Alaska communities, the Kenai Peninsula Borough's budget for this year shouldn't be affected. Craig Chapman, finance director for the borough, said that the KPB doesn't budget for SRS funding because of the possibility the payments may...

http://peninsulaclarion.com/news/2015-01-20/century-old-law-returns-to-fund-fore
News
Alaska lawmakers will scrutinize budget, pot and Medicaid

...situation in a 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...

http://peninsulaclarion.com/news/2015-01-18/alaska-lawmakers-will-scrutinize-bud
News

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