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By the numbers: Alaska budget debate, attempts to fix it

...the budget debate:$6.9 billion: Projected deficit between this fiscal year and next, according to the Legislative Finance Division.$94 million: The amount of state money Walker proposed adding to the budget passed by legislators.May...

http://peninsulaclarion.com/news/2015-05-07/by-the-numbers-alaska-budget-debate-
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Walker says he won't rescind special session proclamation

...challenges for our administration in planning for fiscal year 2016," he wrote.Both the director of the Legislative Finance Division and Walker's budget director raised concerns that the inability to tap the constitutional budget reserve...

http://peninsulaclarion.com/news/2015-04-29/walker-says-he-wont-rescind-special-
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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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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
News
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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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
News
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
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
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

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