Charlene/Cheyenne (Staff)
77:45 - 78:24
“if you're looking at this memo that I wrote, we subtract out the revenue— subtract expenditures from the revenues generated. It generated a loss of $21 million... in fiscal year '27, if we capped at 7 mils there would be a $22,032,955 expected reduction that would have to happen through expenditures to balance the budget.”
- Speaker
- Charlene/Cheyenne (Staff)
- Timestamp
- 77:45 – 78:24
- Community
- Alaska News
- Location
- Matanuska-Susitna Borough
- Captured at
From the transcript
So if you're looking at this memo that I wrote, we subtract out the revenue— subtract expenditures from the revenues generated. It generated a loss of $21 million. We applied fund balance. So in fiscal year '27, if we capped at 7 mils there would be a $22,032,955 expected reduction that would have to happen through expenditures to balance the budget. That's the equivalent currently at the current 1 mil rate of 1.35 mils.
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