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Report: Low taxes lulled as budget swelled

...the budget may not really have been cut.The same thing has happened with state program reviews. Spending like state school foundation programs and Medicaid, which are linked by statute to population growth or other factors, are called "formula...

http://peninsulaclarion.com/news/2015-04-06/report-low-taxes-lulled-as-budget-sw
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Parnell says state will see $2.2 billion budget surplus this year

...Mike Chenault, R-Kenai. Education forward funding involves keeping a reserve on hand sufficient to fund the state school foundation program for a year. The program distributes money to schools around the state. School districts have to plan...

http://www.peninsulaclarion.com/stories/021110/new_561741190.shtml
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