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...left over from last year's budget was placed into a rainy-day fund.Assembly Member Randy Wanamaker said he wanted to determine how much is in the rainy-day fund already, for which City Manager Kim Kiefer requested...
...deferred maintenance on public buildings, parks and trails - and pay $5 million into the city's budget reserve, or "rainy day fund."Ten million dollars from the sales tax extension would go toward retiring bond debt if both propositions pass...
...million arena at the University of Alaska Anchorage. At the same time, Alaska is building the nation's largest rainy day fund at $14 billion, an amount that is roughly double the state's entire general fund.The governor and legislative...
...Crane said in the last budget cycle, the city also faced an unexpected shortfall and had to use a combination of "rainy day" funds, tobacco tax revenues and cuts to avoid layoffs."As the city manager says, the low-hanging fruit has already...
...future. Brown said the next two years look OK, but was concerned with the $2.4 million draw last year out of the rainy day fund. "We need to do an analysis of what we're spending," he said. "We need to look for ways of bringing wealth...
...to secure the monies to repay the city. If that does not work, we can issue municipal bonds or use money from our rainy-day fund. There are many options. The point is our Assembly needs to move forward and assure the University of Alaska and...
...billion from the "so-called stimulus" so Texas could close a big budget gap in 2009 and keep intact the precious rainy-day fund, which is expected to contain $9.4 billion in 2013. Trouble with that was it diverted about $3.8 billion in...
...2013-2014 budget could be achieved without a draw on the "rainy day" fund. Swope said when he drafts a budget it is balanced...cuts. He said if the Assembly gives direction to use rainy day funds over cuts, that's their prerogative. "When I look...
...first. Otherwise we stagnate, and stagnation is bad for Alaska." State budget shortfalls are typically covered by a rainy day fund called the Constitutional Budget Reserve, which is now worth $2.13 billion. This year, revenue streamed in from...
...greedy Alaskans into agreeing to let lawmakers to use the permanent fund earnings for their original intent, as a rainy-day fund to cover deficits when our revenues decline. Mackie's plan has not been thoroughly discussed yet, and there are...