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Walker asks for more action in limbo session

...year," he said.One meeting was held Wednesday - the Senate Finance committee heard a presentation from Legislative Finance Division Director David Teal on Alaska's budget outlook. Senate leaders are waiting for a deal to be struck between...
State | AK legislature
Alaska Legislature has multiple paths to resolving fiscal impasse - including a government shutdown

...operating and capital budgets - but they have until July 1, the start of the new fiscal year, to do it, Legislative Finance Division Director David Teal said."That is essentially the only requirement they have during the session," he said...
State | AK legislature
House panel advances bill to nix state employee pay raises

...Separate legislation is needed to reduce the salary schedule for non-covered employees, the director of the Legislative Finance Division has said. The employees have been in line for a cost-of-living increase of 2.5 percent for the coming...
Finance director paints sobering budget picture

JUNEAU - The director of the Legislative Finance Division laid out a sobering picture of the state's budget outlook Thursday, saying the economic impact of cuts needed for a sustainable...
State | AK legislature
Lawmaker wants to examine state's credits, exemptions

...which might need to be updated or scrapped.Thompson and his staff are working off a report compiled by the Legislative Finance Division that reviewed indirect expenditures under five state agencies. The report, born of a law spearheaded by Thompson...
State | AK legislature
House Finance pushes back on budget

...might be less money to work with next year, and he said lawmakers might want to prefund the full amount.Legislative Finance Division Director David Teal said "short-funding," as he referred to it, can make the deficit for next year look...
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...


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