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Gov: Cuts won't be made lightly

...Deficits began two years ago and the state is burning through reserves at a rapid pace, according to the Legislative Finance Division.Walker said that if oil price projections hold and the state is disciplined in its spending, he believes...
State | AK legislature
Walker: Nothing off the table in budget talks

...and a potentially larger deficit next year amid the fall in oil prices, according to a new analysis by the Legislative Finance Division. Alaska relies heavily on oil revenue to fund the cost of government, and the state is expected to use savings...
Empire Editorial: Thumbs up, Thumbs down for Dec. 22, 2014

...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 Walter Carpeneti, who delivered the...
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...
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...
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
Sen. Finance pushes $9.1B op. budget

...billion smaller than the authorized level of spending at the start of the current fiscal year, according to a Legislative Finance Division summary.The committee held public comment Thursday and the bill could still be amended before heading to...
State | AK legislature


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