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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...
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...
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...
Senate Finance advances budget bill $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...
Senate Finance unveils $1.9 billion capital budget 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...
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...
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...
Begich: Public money for public schools

...Begich told lawmakers. "It's our job to give school districts the resources and tools they need."The Legislative Finance Division has said general fund appropriations for K-12 education have risen since fiscal year 2011. Those appropriations...
Democrats offer education legislation

...have gone up since fiscal year 2011, according to information recently provided a Senate subcommittee by the Legislative Finance Division. The figure includes such things as foundation funding, student transportation, school construction and...
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...


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