Budget
RSSAlaska News tracks budget issues affecting Alaska schools, municipalities, state agencies, and public services.
Alaska Senate Majority says gasline tax break waits on Glenfarne financial numbers
Alaska's Senate majority won't lock in the gasline tax break without firm cost numbers — now on Glenfarne and Dunleavy, as estimates range from $45B to $70B.
by Walter AlaskaNews4d ago4 min readAI
Kodiak posts a 7% sales tax. Businesses effectively pay less than 3%
Kodiak advertises a 7% sales tax, but so much is exempt that businesses effectively pay under 3%, and the shrinking taxable base can't keep up with city costs.
by Walter AlaskaNews5d ago2 min readAI
A hemp-ban delay divides Alaska's senators in the funding bill
A stopgap funding bill delays a federal ban on delta-8 and other intoxicating hemp — which Alaska already outlawed — and its senators split on the delay.
by Walter AlaskaNews4d ago2 min readAI
A proposed cap would limit how high Mat-Su can set its property tax rate
A proposed ordinance would cap Mat-Su's areawide property tax rate at 7 mills, or $700 a year per $100,000 of value, capping what future assemblies could set.
by Walter AlaskaNews6d ago2 min readAI
HB 381 exempts Alaska LNG project property from municipal taxes, replaces with volumetric splits
HB 381 replaces municipal property taxes on the Alaska LNG project with a new volumetric tax. • Phase 1 revenue splits favor pipeline communities while Phase 2 directs 48 percent to the Kenai Peninsula Borough. • The state expects the project to generate 26 billion dollars over 30 years. • Tax changes expire if construction misses a December 31 2034 deadline.
by Walter AlaskaNews1mo ago3 min readAI
Alaska is losing federal jobs faster than almost any state
Alaska lost federal jobs faster than nearly every state in 2025, and one economist says the two-year drop, 15.8%, is steeper still. The ripple hits housing, grants and whole towns.
by Walter AlaskaNews2w ago1 min readAI
Alaskans already on heating aid don't have to reapply for a new $10 million round
Alaskans already enrolled in federal heating assistance will automatically get a share of a new $10 million round in September, no reapplication needed.
by Maggie AlaskaNews1w ago1 min readAI
Alaska LNG tax bill advances as working draft, disputes unresolved
Alaska lawmakers advanced a working draft of HB 381, the tax framework for Alaska LNG, but disputes over the alternative volumetric tax remain unresolved.
by Walter AlaskaNewsadded 1mo ago3 min readAI
Alaska Senate passes HB 381 oil and gas tax bill 11-8, with dissenters signaling more work ahead
Alaska Senate passed HB 381, the main bill enabling AK LNG, 11-8 Thursday, but dissenters flagged unresolved questions about a new income tax on oil and gas pass-through entities.
by Walter AlaskaNews4w ago2 min readAI
Alaska's gas-pipeline bill now carries a tax on Hilcorp and others
A permanent tax on pass-through oil companies like Hilcorp is riding inside Alaska's gas-pipeline bill — and it kicks in by 2028 whether the pipeline gets built or not.
by Walter AlaskaNews1mo ago3 min readAI
Cordova advances a tax increase on rentals and visitors to 14%
Cordova advanced a tax hike on rentals, tobacco, alcohol and marijuana, from 13% to 14%, aimed mostly at visitors, as sales tax collections run $250,000 behind last year.
by Walter AlaskaNews1w ago2 min readAI
Anchorage picks up the tab for building repairs the state used to help fund
Anchorage would spend $476,000 of its own money on repairs to aging city buildings after state grants were cut, and it's on the hook for that much a year through 2031.
by Walter AlaskaNews1w ago2 min readAI
Alaska lawmakers order audit of Board of Fisheries process
Alaska lawmakers voted unanimously to audit the Board of Fisheries' process after the Attorney General overturned five regulations citing ethics violations.
by Walter AlaskaNews4w ago2 min readAI
Alaska News Roundup: Gas pipeline tax fight, Point Thomson trade-off, and McNeil River access debate
This episode covers the week's major Alaska stories: a gas pipeline tax bill that added oil tax increases, the Point Thomson condensate trade-off for pipeline gas, Mount Edgecumbe enrollment crisis, and McNeil River bear sanctuary access proposals.
by Walter AlaskaNews2mo ago3 min readAI
Mat-Su weighs a flood emergency and a tax overhaul
The Mat-Su Assembly takes up a Talkeetna flood emergency and a November ballot plan that would swap a new 3% sales tax for a cap on property taxes.
by Walter AlaskaNews1mo ago1 min readAI
Senate Finance hears $18 billion revenue trade-off for Alaska LNG tax break
Senate Finance heard the proposed Alaska LNG tax break would cut state and municipal revenues by $18 billion over 30 years, but the estimate rests on construction costs that may range from $45 billion to $90 billion.
by Bill AlaskaNews2mo ago2 min readAI
Anchorage School Board balks at a $2.8M curriculum buy members hadn't seen
Anchorage School Board members got handed a $2.8M curriculum bill at a summer meeting and basically said: first we're hearing of it.
by Walter AlaskaNews1mo ago2 min readAI
Alaska Legislature approves $1,000 PFD, $200 energy relief payment
The Alaska Legislature conference committee approved a $1,000 Permanent Fund Dividend and increased energy relief payments from $150 to $200 per person, totaling $127.3 million, in a split vote Sunday.
by Walter AlaskaNews2mo ago3 min readAI
Anchorage faces $31M deficit across internal service funds
Anchorage has $31 million in deficits across internal service funds. • Whoops!
by Cale Green2mo ago2 min readAI
Glenfarne's own cost estimate for Alaska LNG is now significantly higher than AGDC's — and the state's equity option sits in the middle of the new math
Glenfarne raised Alaska LNG cost estimate to 44.5 to 54.5 billion dollars, up from state agency's 38.7 billion. • Legislature can buy 5 to 25 percent equity stake within 180 days after final investment decision. • Property tax reform is central to project financing, with current rates costing roughly 380 million dollars yearly during construction.
by Walter AlaskaNews2mo ago3 min readAI
Juneau Assembly pulls a $16M school bond from the fall ballot
Juneau yanked a $16M school bond off the fall ballot — part timing blunder, part cold feet over shaky revenue. Dissenters say it will only cost more later.
by Walter AlaskaNews2w ago2 min readAI
Anchorage child care fund squeezed by programs moved from alcohol tax
Anchorage's child care fund says two programs loaded onto it are starving its mission. The board wants them moved to the alcohol tax — which is shrinking even faster.
by Walter AlaskaNews1mo ago2 min readAI
Oil is beating the forecast, and it still won't cover a dividend
Oil is running $11 a barrel above what the state budgeted. Sounds like a windfall — it wouldn't cover a single $1,000 dividend.
by Walter AlaskaNews3w ago1 min readAI
House Finance advances Alaska LNG tax bill, curtailing North Slope's power to negotiate
House Finance advanced Alaska LNG tax bill Wednesday: 13 cents, no side deals, double the impact fund to $80m
by Walter AlaskaNews2mo ago3 min readAI
Senate Finance presses Alaska LNG spur line: who builds, who pays, who regulates
Senate Finance gets into the numbers of the LNG line in a hot and spicy day of meetings
by Walter AlaskaNews1mo ago3 min readAI
A $700 property tax break, paid for by a 1% sales tax
Mat-Su voters will decide in November whether to shave about $700 off homeowners' property taxes and pay for it with a 1% sales tax on everyone.
by Walter AlaskaNews3w ago1 min readAI
Alaska legislative auditor resigns after 34 years, replacement process underway
Alaska's legislative auditor Chris Curtis is resigning after 34 years, effective Aug. 30. The Legislature is hiring her replacement through a process that aims to seat a new auditor by August.
by Walter AlaskaNews4w ago2 min readAIConference draft keeps oil-and-gas pass-through tax, delays it to 2029
A House-Senate conference committee draft of HB 381 keeps a proposed income tax on oil-and-gas pass-through entities but delays collections to 2029.
by Walter AlaskaNews4w ago4 min readAI
An oil spike filled Alaska's budget and hammered its schools — and the new budget sends some back
The oil spike that padded Alaska's budget also jacked up its schools' heating bills — so the budget hands some back. One-time money for a permanent problem.
by Walter AlaskaNews1mo ago2 min readAI
Anchorage school board bets its emergency reserve on money that may not come
The Anchorage School Board will vote Tuesday on spending nearly all its emergency reserve to reopen 45 positions, betting on state money that isn't guaranteed until Aug. 31.
by Walter AlaskaNews1w ago2 min readAI
North Slope, Kenai mayors negotiate gas line property tax as House Finance delays bill deadline
North Slope Borough Mayor Patkotak and Kenai Peninsula Borough Mayor Micciche negotiated property tax terms for the Alaska LNG project as the House Finance Committee delayed its amendment deadline to allow talks to continue.
by Walter AlaskaNews2mo ago4 min readAI
Juneau Assembly raises vehicle sales tax cap to $50,000
Juneau Assembly voted 6-3 to raise the vehicle sales tax cap to $50,000, allowing the city to collect more tax on car purchases as it works to close a $10 million to $12 million budget gap.
by Walter AlaskaNews2mo ago2 min readAI
Kenai limits tent camping to 2 tents per property, defines 3+ as campground
Kenai allows up to two tents on private property indefinitely, but three or more tents now require conditional-use approval and are classified as a campground.
by Lucas Brown2mo ago2 min readAI
Dunleavy vetoes nearly $90 million but leaves school funding intact
Gov. Dunleavy vetoed nearly $90 million from Alaska's budget, cutting increases for child care, Medicaid and local aid while leaving core school funding intact.
by Walter AlaskaNews1mo ago2 min readAI
Juneau finance committee deadlocks 4-4 on Eaglecrest closure study as ski area seeks $1.68M
Juneau's Finance Committee deadlocked 4-4 on studying closure costs for Eaglecrest after the ski board said it needs $1.68 million to stay open, nearly double the committee's $930,000 target.
by Walter AlaskaNews1mo ago3 min readAI
The $100 million question inside Alaska's gas-line bill
Should Hilcorp pay the oil tax ExxonMobil and ConocoPhillips already do? It's worth $100M-plus a year — but critics warn taxing Cook Inlet's gas supplier could backfire.
by Walter AlaskaNews1mo ago2 min readAI
Anchorage Assembly weighs new police SUVs and an off-market firehouse sale
The Anchorage Assembly weighs two property calls Aug. 4: $1.88M for 27 new police SUVs, and a no-bid sale of an old Government Hill firehouse to its current tenant.
by Walter AlaskaNewsadded 2w ago2 min readAI
House Finance writes a $16 gas-price cap into Alaska LNG bill — even if Enstar's contract isn't signed
Alaska House Finance voted 6-5 Monday to write a $16-per-MMBtu price cap for natural gas into the state's Alaska LNG tax bill, protecting consumers even if Enstar's contract with the developer remains unsigned.
by Walter AlaskaNews2mo ago2 min readAI
Alaska House panel hears push to raise tobacco age to 21, tax vapes at 25%
The House Finance Committee heard testimony Monday on Senate Bill 24, which would raise Alaska's legal tobacco purchase age from 19 to 21 and impose a 25% retail price tax on vapor products, drawing support from public health advocates and opposition from retailers who warn the tax structure could fuel illicit markets.
by Alaska News3mo ago4 min readAIA reserve cap just cost Fairbanks schools $11.4M. Now officials are fighting it.
Fairbanks officials are taking on the reserve cap that clawed back $11.4M from schools this year — a fight between planning flexibility and keeping money in taxpayers' pockets.
by Maggie AlaskaNews1mo ago1 min readAI