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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...

http://peninsulaclarion.com/news/2015-03-26/legislative-finance-director-paints-
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CH2M Hill calls off Alaska unit sale

...might be less money to work 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...

http://peninsulaclarion.com/2015-02-12
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Alaska lawmaker wants to examine state's credits, exemptions

...which might need to be updated or scrapped. Thompson and his staff are working off a report compiled by the Legislative Finance Division that reviewed indirect expenditures under five state agencies. The report, born of a law spearheaded by Thompson...

http://peninsulaclarion.com/becky-bohrer/2015-02-01
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Walker: Nothing off the table in Alaska budget talks

...and a potentially larger deficit next year amid the fall in oil prices, according to a new analysis by the Legislative Finance Division. Alaska relies heavily on oil revenue to fund the cost of government, and the state is expected to use savings...

http://peninsulaclarion.com/news/2015-01-19/walker-nothing-off-the-table-in-alas
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Alaska faces lean budget times as oil prices fall

...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, high oil prices helped insulate...

http://peninsulaclarion.com/news/2015-01-18/alaska-faces-lean-budget-times-as-oi
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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
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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
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
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