If the Legislature doesn’t act to close the budget gap, the permanent fund earnings reserve account would fall to zero in about 10 years.
"Permanent Fund earnings"
Revenue commissioner resigns to serve ministry
Randall Hoffbeck has often served as the governor’s point person on how to close the state’s budget gap.
Legislature passes budget compromise to avert shutdown
It sets permanent fund dividends at $1,100. The Legislature didn’t pass a plan to balance budgets in the future.
Sharp comments reflect bad feelings as Legislature starts 2nd special session
House majority’s handling of budget debate compared to Pearl Harbor attack, tyranny and Jim Crow laws.
Gov. Walker tells opponents of his compromise package, produce your own
Senate President Pete Kelly said majority senators see the package as a positive step. A state government shutdown will begin on July 1 if lawmakers don’t reach a compromise.
As session breaks deadline, Senate passes bill to allow cellphone fee
The money would be used to pay for communication devices and software for people who are deaf or hard of hearing, or who have a speech disability.
New House minority Republicans vent, claim they’re sidelined in budget process
If the Legislature wanted to, it could spend Permanent Fund earnings by a simple majority vote.
Gov. Walker hits on same budget themes with new Legislature
Walker said the state government risks spending all of its savings if it denies there’s a problem and hopes for oil prices to rise.
Walker seeks Permanent Fund earnings for budget, but leaves gap
Walker left an $890 million budget gap, saying he wants to work with lawmakers to close it.
New legislative leaders prepare to start work ahead of challenging session
They lead very different caucuses that will likely have different priorities.