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Walker to release budget early

...Finance committees will be hearing budget presentations by OMB Director Pat Pitney and Legislative Finance Director David Teal this week.Thompson said the House has not identified specific places where government spending can be cut, but it...
State | AK legislature
Lawmakers to scrutinize budget, pot and Medicaid

...special speech Thursday night.The size of the budget hole is unprecedented, according to Legislative Finance Director David Teal. The current year deficit is estimated at $3.5 billion, up $2.1 billion from May, when the 2015 budget was signed...
Empire Editorial: Thumbs up, Thumbs down for Dec. 22, 2014

...your elected representative, you'll more than likely talk with one of these two women first. Teal is the daughter of David Teal, director of the legislative finance division. Carpeneti is the daughter of former Alaska Supreme Court chief justice...
House panel hears breakdown on educational costs

...current spending levels continue, two major reserve funds will be depleted within a decade.Finance Division Director David Teal said the amounts given to local school districts and the total amount the state spends on education are different issues...
State | AK legislature
Teachers' pension proposal raises red flags

...amount of time the state will be paying into the system.The plan - crafted by Legislative Finance Division director David Teal - is the Legislature's alternative to a plan proposed by Parnell in December. "One says coast on earnings, and one...
State | Local | AK legislature
House panel moves Gov.'s pension plan

...amid slumping revenues. While the state has billions of dollars in reserves now, Legislative Finance Division Director David Teal said they could be gone by 2024, largely a function of spending and revenue trends.Parnell's plan calls for taking...
State | AK legislature
Education funding fix passes House, moves to Senate

...received an actuarial analysis of the so-called "pay-as-you-go" plan drafted by Legislative Finance Director David Teal. The analysis indicated the plan, under certain circumstances, was an unstable option, and lawmakers had little appetite...
State | AK legislature
Senate passes new approach to pension obligation

...under the committee approach.These are projections, not predictions, Buck and Legislative Finance Division Director David Teal have pointed out.Revenue Commissioner Angela Rodell told the committee earlier Saturday that the Parnell administration...
State | AK legislature
Parnell pitches own retirement bill

...legislation," Chenault said of the governor's bill.A "pay-as-you-go" plan drafted by Legislative Finance Director David Teal was attached to the governor's omnibus education bill, HB278, but lawmakers rejected it after an actuarial analysis...
State | AK legislature
TRS pulled from education bill in House

...liability by 2038. It showed the committee proposal costing $20.7 billion and getting rid of the liability by 2073.David Teal, the director of the Legislative Finance Division who laid out the plan included in the committee bill, has called...
State | AK legislature


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