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House panel advances governor's pension plan

...deficit spending for the state 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...

http://peninsulaclarion.com/news/2014-04-15/house-panel-advances-governors-pensi
News
Senate passes capital budget

...million less overall than that approved by lawmakers last session, according to information provided by the Legislative Finance Division.Lois Epstein, Arctic program director for The Wilderness Society, said in a statement that it was now up...

http://peninsulaclarion.com/news/2014-04-12/senate-passes-capital-budget
News
Tentative education deal overshadowed by Knik Arm

...Senate package was about $370 million, while the House proposal was about $210 million, according to the Legislative Finance Division.The compromise bill includes provisions that would allow secondary school students to test out of core classes...

http://peninsulaclarion.com/news/2014-04-24/tentative-education-deal-overshadowe
News
Legislative negotiators seek education resolution

...years. The House approach, by comparison, would cost about $210 million over three years, according to the Legislative Finance Division.Sen. Lyman Hoffman, D-Bethel, said he doubted the education community would be satisfied with the House...

http://peninsulaclarion.com/news/2014-04-22/legislative-negotiators-seek-educati
News
Senate passes new approach to pension obligation

...dollar amounts, information provided by the Legislative Finance Division and Buck Consultants indicates combined annual...are projections, not predictions, Buck and Legislative Finance Division Director David Teal have pointed out.Revenue...

http://peninsulaclarion.com/news/2014-04-19/senate-passes-new-approach-to-pensio
News
Senate Finance advances budget bill

...to $440 million less in unrestricted general funds than in the budget approved last year, according to the Legislative Finance Division.The committee approved an amendment to provide $2.1 million as a match should the federal government provide...

http://peninsulaclarion.com/news/2014-04-09/senate-finance-advances-budget-bill
News
Senate Finance unveils $1.9 billion capital budget

...capital budget, including supplemental capital items, approved by lawmakers last session, according to the Legislative Finance Division.Also Monday, after several hours of debate, the Senate passed a $9.3 billion state operating budget...

http://peninsulaclarion.com/news/2014-04-07/senate-finance-unveils-19-billion-ca
News
House strips retirement plan from education bill

...proposal costing $20.7 billion and getting rid of the liability by 2073.David Teal, the director of the Legislative Finance Division who laid out the plan included in the committee bill, has called it a difference in philosophy, with risks...

http://peninsulaclarion.com/news/2014-04-07/house-strips-retirement-plan-from-ed
News
Panel proposes more school money, pension option

...period of decades and require contributions, potentially from state general funds, to pay future benefits.Legislative Finance Division Director David Teal said the plan, included within HB278, was designed to draw down the trust fund, but...

http://peninsulaclarion.com/news/2014-04-01/panel-proposes-more-school-money-pen
News
Legislature should hold hearing on referendum

...surprised that the legislature wouldn't want to hold a hearing on how the Oil Giveaway threatens the PFD. As the Legislative Finance Division and even Republican legislators acknowledged, taking money from the Permanent Fund could be on the table because...

http://peninsulaclarion.com/opinion/letters/2014-03-04/legislature-should-hold-h
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