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Politicos have tough hands to play in 2015

...60 per barrel and back-to-back $3.5 billion budget deficits pending, it seems like a bleak year ahead. Two credit rating agencies, Moody's and Standard and Poor's, have issued warnings about Alaska's finances.Still, the sky isn't...

http://juneauempire.com/state/2015-01-02/politicos-have-tough-hands-play-2015
State
My Turn: The case for sustainable hydropower in Alaska

...of the project depends upon many factors, including interest rates for necessary loans. Yet, with the state's credit rating in jeopardy, we can't assume low interest rates. In the end, the costs of building the dam would lock up Alaska's...

http://juneauempire.com/opinion/2015-01-07/my-turn-case-sustainable-hydropower-a
Opinion
Gov. Walker halts megaprojects

...long-range financial outlook. The immediate concerns of a $3 billion deficit and our ability to protect the state's credit rating from damage and deterioration will take center stage when the Legislature convenes in January," reads the letter.Since...

http://juneauempire.com/state/2014-12-28/gov-walker-halts-megaprojects
State | AK legislature
A payment plan for Willoughby District revamp?

...city would take out a bond - Mitchell recommends borrowing through the Alaska Municipal Bond Bank because of its high credit rating - to be paid off with the added revenue. As tax revenues increase with the improvements to the district, the municipality...

http://juneauempire.com/local/2014-12-03/payment-plan-willoughby-district-revamp
Local
Letter: UA System 2014 annual financial report

...debt service was modest at 2.8 percent of unrestricted revenues, its net position grew by 13 percent, and its credit ratings from both rating agencies remained stable. The university's college savings program came in at $6.5 billion...

http://juneauempire.com/letters/2014-12-15/letter-ua-system-2014-annual-financia
Letters
Alaska Air reports another record quarter

...said it was 81 percent at the end of 2008.With its credit rating of BBB- by Fitch Ratings, Alaska Air Group is one...major domestic carriers to have an investment-grade credit rating. The other is Southwest Airlines."This important recognition...

http://juneauempire.com/state/2014-08-01/alaska-air-reports-another-record-quart
State
Alaska Air Group starts 2014 with another record profit

...Journal of Commerce.Tilden said to investors that Standard and Poor's, which recently increased the company's credit rating to BB+, also recently commented that Alaska Airlines, which drives Air Group financials, has the "strongest financial...

http://juneauempire.com/state/2014-05-09/alaska-air-group-starts-2014-another-re
State
Senate committee moves amendment for student loans

...proposed amendment would allow a cost-effective way for financing state education loans by leveraging Alaska's AAA credit rating.Diane Barrans, executive director of the Alaska Commission on Postsecondary Education, said if the amendment is...

http://juneauempire.com/state/2014-03-07/senate-committee-moves-amendment-studen
State | AK legislature
Effort to overturn oil tax reform is bad for Alaska

...to overturn SB21 oil tax reform. They are telling Alaskans that oil tax reform will cause a downgrade of Alaska's credit rating; they are telling Alaskans that oil tax reform will threaten the very existence of the Permanent Fund; they are telling...

http://juneauempire.com/opinion/2013-07-01/effort-overturn-oil-tax-reform-bad-al
Opinion
Butcher resigns as Revenue commissioner, heads to AHFC

...under Butcher's "outstanding leadership," the tax cut became reality, the state achieved and maintained a high credit rating and the Revenue department implemented a "more reasoned and accurate long-term oil production forecast.""I look...

http://juneauempire.com/state/2013-08-07/butcher-resigns-revenue-commissioner-he
State

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