State slightly lowers forecast for production due to uncertainty over large projects.
"2022 Alaska state budget"
The long backstory behind Alaska House minority caucus votes on PFD, shutdown
The Republican legislators’ concerns have been growing for years. Some members believe that there should be much deeper cuts in state spending and that dividends should be much larger.
Aiming to communicate, Alaska legislators ran into problems before vote averting shutdown
And legislators have said successful communication will be important this summer. Gov. Mike Dunleavy has charged the Legislature with coming up with a long-term solution for the state budget. But the vote on the shutdown didn’t go smoothly. It almost didn’t happen.
Alaska House speaker expresses confidence in effort to avert shutdown
“I feel positive and it’s nice to know that we’ve been able to work together,” Alaska House Speaker Louise Stutes said. “And it appears that the resolution is just right there on the horizon.”
No progress on avoiding Alaska state government shutdown; new special session next week
Nearly 15,000 Alaska state workers received layoff notices on Thursday. The next special session is scheduled to begin at 10 a.m. on Wednesday in the Capitol.
Votes on Alaska state budget await resolution of legislative talks
Budget negotiators agreed to a compromise on Sunday. But neither chamber has held a regular floor session through Tuesday afternoon.
Credit rating agencies see improved outlook for Alaska, but note risks from budget uncertainty
As Alaska lawmakers decide what to do about the budget, one group that’s keeping an eye on the outcome are the agencies that rate the state’s ability to pay off its debts.
Alaska House passes budget, leaving potential gap from federal relief rules
It appears that Alaska will receive roughly $200 million less in COVID relief this year than House members planned.
Alaska House committee votes against $3,000 PFDs over concerns about future permanent fund earnings
Lawmakers must decide whether the state should follow the formula in a 1982 state law or follow a different law that limits how much can be drawn from permanent fund earnings.
Alaska House committee budget plan would provide less relief, save more than Dunleavy proposal
The committee plan released on Friday would free up roughly $410 million by using American Rescue Plan Act funds to replace state revenue. That money could be spent on permanent fund dividends; roads and other capital projects; or other items.