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State Could Save Money with Pension Deposit, Analyst Says
The Associated PressThe state could save $5.3 billion in payments to Alaska's troubled public employees' retirement system by putting $2 billion into a reserve fund, according to a legislative fiscal analyst. David Teal says the $2 billion would raise the system's funding...Tags: Interior Policy, Pension and Welfare, Politics
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State Senate Finance Committee Hears Oil and Gas Decoupling Proposal
Channel 2 NewsThe Senate Finance Committee took up a proposal to tax oil profits and gas profits separately, a process known as "decoupling." It's a complex question that could cost the state millions of dollars, if oil prices get relatively higher than gas prices....Tags: Executive Branch, Politics, Government, Environmental Issues, Petroleum Industry
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Alaska Faces Tough Budget Decisions, Analyst Says
The Associated PressAlaska faces tough budget decisions similar to those of a person approaching retirement age, according to the director of the Legislative Finance Division. David Teal says that as income falls, such a person needs to rely on savings. He says the state...Tags: Budgets and Budgeting, Finance, Finance, Economy, Business and Finance
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Sen. Bert Stedman Misses State of the State After Boat Freezes
Sen. Bert Stedman was a notable face missing from the audience during Gov. Sean Parnell's State of the State address Wednesday evening.
Stedman says his boat, on which he lives during the legislative session, froze in the brutal Juneau cold.
Stedman,...Tags: Politics, Executive Branch, Regional Authority, Sean Parnell, Government
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Decoupling Bill Makes Return to Legislature
The Associated PressThe Senate Finance Committee has introduced legislation that would change Alaska's system of taxing oil and gas production together. It's the same bill the Legislature passed two years ago, and that Gov. Sean Parnell vetoed, saying it effectively...Tags: Sean Parnell, Environmental Issues, Petroleum Industry, Energy Resources, Natural Resources
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Committee Again Seeks Proposals for Prison Audit
The Associated PressThe Senate Finance Committee is making another attempt to solicit proposals for an audit of the Goose Creek Correctional Center. The latest request for proposals issued Tuesday has a slightly more limited scope of work than the one that was released... -
State, Rural School Districts Settle Facilities Lawsuit
A statewide gathering of school superintendents celebrated a landmark court settlement in Anchorage on Thursday.
“It’s a historic time,” said Mike Hanley, the state commissioner for education. “This settlement is great for our...Tags: Lyman Hoffman, Judges, Finance, Sean Parnell, Trials
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Senate Finance Committee Wants to Perform Audit on Goose Creek Correctional Facility
Channel 2 NewsThe Goose Creek Correctional Center in the Mat-Su has been put under the microscope many times, criticized for both its cost, and location. And now, the state legislature's senate finance committee has announced it wants to take a formal look into the...Tags: Elections, Politics, Colorado, Crime, Law and Justice, Bodies of Water
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Senate OKs Capital Budget
The Associated PressThe Alaska Senate has passed a $2.8 billion capital budget bill, a significant development as the special session enters its final week. Tuesday's 13-3 vote came hours after the Senate Finance Committee advanced the bill, something the panel refused to...Tags: Budgets and Budgeting, Republican Party, Alaska
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Senate Finance Committee Passes Operating Budget
The Associated PressA key Senate panel has passed a state operating budget that includes $1.4 billion in savings. Items factored into the savings include moving $1 billion from the general fund to the budget reserve fund. There is also $60 million set aside for a ferry...Tags: Elections, Politics, Lyman Hoffman, Budgets and Budgeting, Finance
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State Senate to Consider Bill Extending Legislative Session
The Associated PressThe state Senate Finance Committee has moved a bill to extend Alaska's legislative session. The bill extends the second half of a legislative session from 90 days to 120 days. Currently, each half of the two-year legislative session takes place over 90...Tags: Elections, Politics, Alaska
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Lawmakers Want Audit of Prison Project
The leaders of the Senate Finance Committee are interested in an audit of the Goose Creek Correctional Facility. Concerns have been raised about the costs of the medium-security prison slated to open next year at Port Mackenzie. Republican Sen. Bert...Tags: Elections, Laws, Politics, Crime, Law and Justice, Bodies of Water
Feb 8, 2012
|Story| AP Alaska
Jan 27, 2012
|Story| KTUU
Jan 24, 2012
|Story| AP Alaska
Jan 19, 2012
|Story| AP Alaska
Jan 18, 2012
|Story| AP Alaska
Sep 7, 2011
|Story| KTUU
Oct 7, 2011
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Jul 13, 2011
|Story| KTUU
May 11, 2011
|Story| AP Alaska
Mar 25, 2011
|Story| AP Alaska
Mar 21, 2011
|Story| AP Alaska
Mar 8, 2011
|Story| AP Alaska
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