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Alaska state budget runs risk of a deficit this spring as oil prices stay below forecasts - Vimarsana News

Alaska state budget runs risk of a deficit this spring as oil prices stay below forecasts

A leading senator says there's no cause for worry right now, and the problem could resolve itself, but it's drawing attention.

Perm fund posts negative returns - Vimarsana News

Perm fund posts negative returns

For the first time in a decade, the Alaska Permanent Fund Corp., source of more than half of Alaska’s general-purpose state revenue, posted negative investment returns for an entire fiscal

Gov. defends cuts to AMHS: Dunleavy talks budgeting and progress - Vimarsana News

Gov. defends cuts to AMHS: Dunleavy talks budgeting and progress

During a June 17 interview with the Ketchikan Daily News, Alaska Gov. Mike Dunleavy defended his proposals to cut Alaska Marine Highway System funding while conceding that he failed to

Alaska House fails key vote affecting dividend, programs - Vimarsana News

Alaska House fails key vote affecting dividend, programs

Alaska House fails key vote affecting dividend, programs By BECKY BOHRERJune 16, 2021 GMT JUNEAU, Alaska (AP) — The Alaska House late Tuesday passed a state budget that would result in a $525 dividend to residents this year and leave in doubt funding for a number of programs and infrastructure projects after it failed to garner sufficient support on a key vote. House leaders left open the potential for continued talks or even possibly another vote as the special session neared its end. Special sessions can last up to 30 days. That limit would be reached on Friday. “We’re gonna look for ...

Source: apnews.com
Alaska lawmakers reach tentative deal on budget, dividend - Vimarsana News

Alaska lawmakers reach tentative deal on budget, dividend

JUNEAU, Alaska (AP) — Alaska budget negotiators reached a tentative agreement Sunday on a state spending package that includes an estimated $1,100 dividend for residents this year. But the check size could be cut to $525 a person if the House or Senate fails to muster sufficient support surrounding use of budget reserve funds to help pay for the dividends, according to information provided by the Legislative Finance Division.

Source: apnews.com