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Walker submits pared down capital budget

...in a news release.The state is bracing for a $3.5-billion budget deficit for the current year amid lower-than-expected oil prices and a $3.2-billion hole for 2016 even at the levels laid out in the budget submissions Monday.The...

http://peninsulaclarion.com/news/2014-12-15/walker-submits-pared-down-capital-bu
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Walker administration removes transportation commissioner

...suspending or terminating contracts. The state is facing multibillion-dollar budget deficits amid much lower than expected oil prices.Kemp defended the Juneau road project in a response memo to Walker's budget director dated Jan. 5 and...

http://peninsulaclarion.com/news/2015-01-12/walker-administration-removes-transp
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Lawmakers call on Walker to reign in budget

...is projecting a $3.5-billion budget deficit for the current fiscal year, which ends June 30, amid lower-than-expected oil prices. The state project a $3.2-billion hole for 2016 even at the levels laid out in reduced budget submissions...

http://peninsulaclarion.com/news/2014-12-27/lawmakers-call-on-walker-to-reign-in
News
State releases revenue forecast

...billion less in oil and gas production taxes this year, which Revenue officials say has more to do with lower-than-expected oil prices and declining production than with the new oil tax law.The fall revenue forecast, released Wednesday...

http://peninsulaclarion.com/news/2013-12-04/state-releases-revenue-forecast
News
Legislature brings gas line, spending talk

...spur investment.The Department of Revenue has cited several factors for the revenue decline, including lower-than-expected oil prices, declining production, residual effects of the outgoing tax system, such as a closeout of credits, and...

http://peninsulaclarion.com/news/2014-01-20/legislature-brings-gas-line-spending
News
3 things to watch in Alaska: gas line, pay, oil

...supporter of it, period."The Revenue Department has cited several factors for the decline, including lower-than-expected oil prices, declining production, residual effects of the outgoing tax system, such as the closeout of credits...

http://peninsulaclarion.com/news/2014-01-26/3-things-to-watch-in-alaska-gas-line
News
Without cuts, Alaska faces budget deficit

...even though lawmakers last year left Juneau anticipating a surplus of $490 million - in part because of lower-than-expected oil prices. That hole is to be filled in by using money in reserves.Parnell has made clear his desire to limit spending...

http://peninsulaclarion.com/news/2013-01-14/without-cuts-alaska-faces-budget-def
News
House committee unveils operating budget

...have been told the state is facing a budget deficit of about $323 million this fiscal year, in part due to lower-than-expected oil prices. That hole is expected to be filled with reserves.The budget proposal released Monday trims $8.4 million...

http://peninsulaclarion.com/news/2013-03-04/house-committee-unveils-operating-bu
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