...of Revenue painted a gloomy picture of the state's financial future, saying things could turn grim by 2005 as oil revenues decline and the state's savings account runs dry. The public still will demand services, but the state won't have...
...the Marine Transportation Advisory Board that the ferry service faces many challenges in the years ahead as state oil revenue declines, federal dollars dry up and prices for construction and materials skyrocket, placing more stress on the state...
...more than $9 billion after the additional contribution. That money is intended to help soften the blow of future oil revenue declines. The state also projected another budget surplus this year, for the fourth year in a row, which will lead to...
...fair tax would be part of her plan, along with budget cuts and economic incentives, to pay for government as oil revenue declines. Analysts say the state's income will fall roughly $1 billion short of its budget every year unless something...
...and has an obligation to help Alaskans facing rising energy costs. It is up to lawmakers to find a fair way to share the largess with the public, while also saving sufficient money to meet state needs when oil revenues decline, he said.
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