Lawmakers in the House of Representatives have trimmed Gov. Sean Parnell’s operating budget by two percent.
The $9.7 billion budget was released on Monday, and every department except for corrections saw its funding brought down. Behavioral health services were reduced by $8 million, and $1 million was cut from early education.
Leadership in the House and Senate have emphasized the need for a tighter budget with oil production on the decline. The state may be facing its first deficit in nearly a decade, and could have to tap into its $16 billion reserve fund.
The finance committee is taking public testimony on the budget this week, and the bill could be up for a vote as soon as next week. After that, it will be transmitted to the Senate.
- The Government Finance Officers Association says these bonds involve considerable investment risk.
- Meet the stars of Femme Fatale, Juneau's annual drag fundraiser for the Alaskan Aids Assistance Association.
- Norton Gregory is running for Juneau Assembly in the upcoming municipal election.
- Alaska’s largest ferry will be down for repairs longer than expected. Another ship will fill in, but it’s smaller and some travelers will have to make other arrangements.