...would result in revenue reductions in the near-term, but she said with budget discipline and careful use of statutory budget reserve funds, the state will be able to continue to provide essential public services.The reserve fund has about $5...

...category that includes the constitutional and statutory budget reserve funds and Permanent Fund earnings reserve account...billion has been put into the constitutional and statutory budget reserve funds. He credits the Senate's bipartisan majority...

...Budget Reserve Fund, which requires three-quarter vote from lawmakers to access, and $1 billion for the Statutory Budget Reserve Fund, which only requires a majority vote. It would be the single largest amount set aside for savings in the...