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Anchorage hospital to acquire Medicare clinic

...gave the clinic $750,000, and then in fiscal year 2014 another $200,000, according to the state's Legislative Finance Division."This year, had we not been able to sell, we would have needed an additional $800,000 to keep the lights...
My Turn: How to spend money to save money

...fallen by over $6 billion, or over a third from their 2012 balance.According to analyses by the state's Legislative Finance Division, at its current pace the state is now on track to run through the remainder of its savings by the end of the...
Senate passes new approach to pension obligation

...dollar amounts, information provided by the Legislative Finance Division and Buck Consultants indicates combined annual...are projections, not predictions, Buck and Legislative Finance Division Director David Teal have pointed out.Revenue...
State | AK legislature
TRS pulled from education bill in House

...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 it a difference in philosophy, with risks...
State | AK legislature
Parnell calls committee pension plan 'immoral'

...the next 15 years, on pace to top $1 billion a year before declining.The committee proposal laid out by Legislative Finance Division Director David Teal calls for $1.4 billion toward the teachers' system and $100 million toward a reserve...
State | AK legislature
Teachers' pension proposal raises red flags

...dramatically increases the 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...
State | Local | AK legislature
Tentative education deal overshadowed by Knik Arm Bridge

...Senate package was about $370 million, while the House proposal was about $210 million, according to the Legislative Finance Division.The compromise bill includes provisions that would allow secondary school students to test out of core classes...
State | AK legislature
House panel moves Gov.'s pension plan

...deficit spending for the state 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...
State | AK legislature
Governor's pension plan gets municipal support

...question just how affordable it might be in light of the state's other obligations in the next few years.Legislative Finance Division Director David Teal said Saturday that regardless of whether the state adopts Parnell's approach or sticks...
State | AK legislature
Alaska Senate passes $2.2B capital budget

...million less overall than that approved by lawmakers last session, according to information provided by the Legislative Finance Division.Lois Epstein, Arctic program director for The Wilderness Society, said in a statement that it was now up...
State | AK legislature


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