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209:09 - 209:59

“our fund balance right now is one bad sales tax quarter away from having no funds to deal with our operating expenses, let alone a major natural disaster or other disaster.”
Speaker
Unidentified speaker
Community
Alaska News
Location
Juneau
Captured at

From the transcript

And but our fund balance right now is one bad sales tax quarter away from having no funds to deal with our operating expenses, let alone a major natural disaster or other disaster. And we live in an uncertain world, and that's what our fund balance is for. Is to make sure we can weather that uncertainty that we expect. Um, and, uh, it's— now it's, you know, it's $400,000 less than it was when we— than I thought it was going to be when we started this conversation tonight. And so I can't entertain, um, increasing it even more, um, this evening.

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Cover image for article: Juneau Assembly raises vehicle sales tax cap to $50,000