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University of Alaska announces furloughs to cut costs

...the Legislature finishes work on its budget. Significant cuts are certain as the state grapples with a huge dip in oil revenues.Fairbanks Chancellor Brian Rogers estimated last month that the total budget gap for UA could exceed $50 million...

http://juneauempire.com/state/2015-04-26/university-alaska-announces-furloughs-c
State
Oil plunge is threat and boon to global economies

...plunge in oil prices is a worrying sign of weakness in the global economy that could shake governments dependent on oil revenues. Yet it is also a bonus for consumers as prices fall at the pump, giving individuals more spending money and lowering...

http://juneauempire.com/state/2014-12-01/oil-plunge-threat-and-boon-global-econo
State
Tariff ruling may lead to higher state oil revenues

...the past two years. It also sets the stage for future oil revenues coming into the state treasury to increase "very significantly...Scott said. The state collects its percentage of oil revenues after tariffs have been levied on the wellhead value...

http://www.juneauempire.com/stories/052007/sta_20070520017.shtml
News
Vote no on 1

A state that is 90 percent dependent on oil revenues cannot afford to lose 200,000 barrels of production each day ? and continue to prosper.Yet that has been the state's fate...

http://juneauempire.com/opinion/2013-11-28/vote-no-1
Opinion
Walker administration reviewing royalty relief proposal

...the Alaska Dispatch News reported.The decision highlights a delicate balancing act for a state heavily dependent on oil revenues that desires new production but also is trying to maximize the value of its fields. Add to that low oil prices and...

http://juneauempire.com/state/2014-12-04/walker-administration-reviewing-royalty
State
UAS under the budget knife

...percent of the operating budget of the University of Alaska, is struggling with the fiscal realities posed by declining oil revenues. Funding to cover the increased cost of operations, including increases in salaries and benefits, is uncertain at...

http://juneauempire.com/local/2015-02-23/uas-under-budget-knife
Local
My Turn: Cracks in the door

...As Alaska has an abundance of oil and gas, and especially as the state's operating budget depends inordinately on oil revenues, this state of play on U.S. law/ regulation has titanic financial implications for Alaska. The U.S. Congress...

http://juneauempire.com/opinion/2015-02-01/my-turn-cracks-door
Opinion
Murkowski pushes back on federal government

...company said it voluntarily agreed to contribute $8 million to a compensatory mitigation fund.Alaska relies heavily on oil revenues to fund state government, and the trans-Alaska pipeline is its economic lifeline. Alaska changed its oil tax structure...

http://juneauempire.com/state/2015-02-19/murkowski-pushes-back-federal-governmen
State | AK legislature
Jewell meeting, Murkowski speech things to watch for

...continue to live and thrive here."Federal lands comprise about two-thirds of the state. Alaska relies heavily on oil revenues to pay for state government and wants to see more oil being produced in the state.Senate President Kevin Meyer, R-Anchorage...

http://juneauempire.com/state/2015-02-16/jewell-meeting-murkowski-speech-things-
State | AK legislature
2014 a politically spicy year for Alaska

...2015.Marijuana legalization, which voters passed in November, should provide some tax dollars to offset the lack of oil revenues once regulations are in place and legal sales begin. This is another topic that will dominate talks through 2015...

http://juneauempire.com/local/2014-12-30/2014-politically-spicy-year-alaska
Local

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