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Economy

Legislature approves first tax in years as Alaska’s financial picture turns grim

Economy Matt Acuña Buxton -
With a 26-14 vote in the House, the Alaska Legislature approved the first new major revenue source in years on Wednesday.
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Legislators salvage education deal in the aftermath of Dunleavy’s veto

Economy Matt Acuña Buxton -
The new measure links a permanent increase in per-student funding to policies aimed at improving learning, as well as a way to pay for some of the biggest new spending proposed by the bill.
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At Juneau Assembly Meeting, Cruise Lines Dodge Question on Toxic Discharges

Commentary Rachel Levy -
Last week the City and Borough of Juneau Assembly held a joint work session with members of the Cruise Lines International Association of Alaska
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Fresh off his second school veto, Dunleavy proposes a bill that would actually cut funding

Economy Matt Acuña Buxton -
Alaska GOP Gov. Mike Dunleavy presented an alternative that he says would have his support.
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AIDEA’s enormous cash reserves can do more to help close state deficit

Economy Dermot Cole -
AIDEA has repeatedly boasted that its earnings last year—$65 million—were strong enough that it contributed $20 million to the state general fund.
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Shocker! The wage report Dunleavy delayed shows most state employees are underpaid

Economy Matt Acuña Buxton -
The report finds that more than half of state employees are paid below what has long been considered competitive under state policy.
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Murkowski calls for reversal of cuts to critical low-income energy program, Sullivan doesn’t

Economy Matt Acuña Buxton -
Alaska U.S. Sen. Lisa Murkowski is calling out the Trump administration for its haphazard cuts to a critical program that thousands of Alaskans rely on.
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Alaska legislators look to savings account for deficit fix

Economy James Brooks, Alaska Beacon -
Members of the Alaska Legislature said this week that they’re likely to use the state’s Constitutional Budget Reserve to fix a roughly $173 million budget deficit for the 12 months that end June 30.
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Alaska Senate leaders take aim at oil taxes to cover looming deficit

Economy Matt Acuña Buxton -
Despite the growing push for higher public school funding, the state's gloomy financial outlook has cast doubts on just how much is actually possible. That could be changing. The Senate's bipartisan majority rolled out a pair of new revenue...
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Alaska state workers rally at the Capitol, calling for salary transparency and pension plan

Economy Corinne Smith, Alaska Beacon -
The Alaska State Employees Association filed a lawsuit this week seeking to compel the release of a statewide salary study, which they say is essential to union wages and a stable retirement.
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