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Finance director paints sobering budget picture

...highlighted the huge challenge in tackling the state's projected multibillion-dollar deficit, a deficit exacerbated by low oil prices. Depending on spending levels and oil prices, the state's constitutional budget reserve could be depleted within...

http://juneauempire.com/state/2015-03-27/finance-director-paints-sobering-budget
State | AK legislature
Three things to watch

...challenge for lawmakers is balancing attempts to downsize state government without sending the economy into a tailspin. Low oil prices have exacerbated the state's budget deficit, projected to be in the billions this year and next.Minority Democrats...

http://juneauempire.com/state/2015-03-09/three-things-watch
State | AK legislature
My Turn: Alaska early learning pipeline

...want to punish parents working hard at low wage jobs? And even more, do their children deserve to be punished?With low oil prices impacting our state budget, it is not prudent, sensible or even humane to completely eliminate all early learning support...

http://juneauempire.com/opinion/2015-03-15/my-turn-alaska-early-learning-pipelin
Opinion
Three things to watch

...government. The state, which relies heavily on oil revenue, is facing projected multibillion-dollar deficits amid low oil prices. While it's seen as virtually impossible for Alaska to cut its way out of the situation, lawmakers and the governor...

http://juneauempire.com/state/2015-03-16/three-things-watch
State | AK legislature
My Turn: Alaska cannot afford to miss this opportunity

...falling significantly, forecasts of domestic investments made by energy companies are beginning to decline. And while lower oil prices are beneficial to consumers, the Alaska economy is projecting a major hit to its revenue. With nearly 90 percent...

http://juneauempire.com/opinion/2015-03-05/my-turn-alaska-cannot-afford-miss-opp
Opinion
BLM clears way for petroleum reserve development

...investment on the project, known as Greater Mooses Tooth 1, citing permitting delays and requirements and current low oil prices. Spokeswoman Amy Burnett said by email Friday that the company was pleased that BLM had approved a road route selected...

http://juneauempire.com/state/2015-02-15/blm-clears-way-petroleum-reserve-develo
State | AK legislature
Alaska Editorial: Word as bond

...budgets at a time when a porous operating budget is going to lose at least $3.5 billion in 2015 thanks to stunningly low oil prices.Still, the modus operandi of the state on the issue of local education contributions has been essentially unchanged...

http://juneauempire.com/opinion/2015-02-03/alaska-editorial-word-bond
Opinion
My Turn: Blaming oil tax for deficit is wrong

Our budget deficit today is a result of low oil prices, low oil production and overspending - not oil tax reform.A group of Native leaders, unions, businessmen and thousands of...

http://juneauempire.com/opinion/2015-01-29/my-turn-blaming-oil-tax-deficit-wrong
Opinion
Walker administration won't revisit SB21

...improved things," he said.Senators in the finance meeting were concerned about Alaska's bond rating in the light of low oil prices. Department of Revenue Chief Economist John Tichotsky said bonding agencies would like to see the state institute...

http://juneauempire.com/state/2015-01-27/walker-administration-wont-revisit-sb21
State | AK legislature
My Turn: Fix the budget, but not at the expense of long-term prosperity

...on "megaprojects" including the Juneau Access Project. Yet in this time of crisis, even worse for our state than low oil prices would be shortsighted decisionmaking. This is why I was glad to see the governor keep his campaign promise and exclude...

http://juneauempire.com/opinion/2015-01-25/my-turn-fix-budget-not-expense-long-t
Opinion

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