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Alaska legislators prepare to talk taxes after grim new oil revenue forecast

Juneau, Alaska (Alaska Beacon) - A proposed oil tax increase and a new statewide sales tax are in the offing for debate within the state Capitol.

Prudhoe bayUnited statesCathy tiltonJesse bjorkmanLyman hoffmanBen carpenterMike dunleavyBill wielechowskiMeans committeeSenate finance committeeAlaska legislaturePermanent fundAlaska stateAlaska beaconHouse waysSenate finance

Even with a slimmer Permanent Fund Dividend, low oil prices generate deficits in Alaska

Lower oil prices have torn big holes in the Alaska state budget, the Department of Revenue said Tuesday, releasing new estimates showing a deficit of about $220 million in the

United statesBert stedmanNeil steiningerDelena johnsonCalvin schrageMike dunleavySenate finance committeeOffice of managementDepartment of revenuePermanent fund dividendHouse finance committeeConstitutional budget reserveRepublican houseLegislative finance divisionStatutory budgetSenate finance

Voices of the Peninsula: Now is the time to invest in Kenai Peninsula students

Parents, educators and community members addressed the potential budget cuts with a clear message.

Kenai peninsulaUnited statesKenai peninsula boroughState of alaskaKim pitneyAlaska legislatureKenai peninsula borough school districtKenai peninsula borough assemblyEconomic researchLegislative finance divisionYoung mariners nautical courseAlaska anchorage instituteEconomic significance

State budget runs risk of a deficit as oil prices stay below forecasts

Alaska oil production and prices are so far below last year’s estimates that the state could run out of money before the end of the fiscal year in June, members

United statesNeil steiningerBert stedmanAlaska department of revenueSenate finance committeeOffice of managementAlaska departmentAlexei painterLegislative finance divisionStatutory budget reserveConstitutional budget reserveThe economyEvenue services

Alaska state budget runs risk of a deficit this spring as oil prices stay below forecasts

A leading senator says there's no cause for worry right now, and the problem could resolve itself, but it's drawing attention.

United statesNeil steiningerBert stedmanAlaska department of revenueSenate finance committeeOffice of managementAlaska departmentAlexei painterLegislative finance divisionStatutory budget reserveConstitutional budget reserve

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