Budget
RSSGovernment budgets, spending, taxes, and fiscal policy
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 AlaskaNews6d ago2 min readAIAnchorage, Alaska
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 AlaskaNews4d ago2 min readAIAlaska
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 AlaskaNews6d ago2 min readAIAlaska
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 AlaskaNews2w ago3 min readAIFairbanks, Alaska
Alaska's gas-line tax bill stalls in committee
Lawmakers writing Alaska's gas-line tax deal voted down both versions of the bill — now they need special authority to build a compromise from the pieces.
by Walter AlaskaNews4d ago2 min readAIAlaska
Anchorage's library puts Hoopla on a budget with new borrowing limits
Anchorage's library has put Hoopla on a budget: borrowing's been cut in half, and on busy days the app simply runs out of money and closes until morning.
by Walter AlaskaNews4d ago2 min readAIAnchorage, Alaska
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 AlaskaNews1mo ago3 min readAIAlaska
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 AlaskaNews4w ago2 min readAIState Capitol
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 AlaskaNews2w ago3 min readAIAlaska
Anchorage faces $31M deficit across internal service funds
Anchorage has $31 million in deficits across internal service funds. • Whoops!
by Cale Green1mo ago2 min readAIAnchorage
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 AlaskaNews1mo ago3 min readAIJuneau, Alaska
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 AlaskaNews3w ago3 min readAIAlaska
Anchorage city funds carry $45 million in deficits — biggest two still growing
Anchorage owes itself $45M across five funds. The city skipped some accounting reviews; now they're catching up.
by Walter AlaskaNews1w ago2 min readAIAnchorage
Kenai's quiet stake in the gas-line bill
Only Kenai Borough's school-funding bill changes under the gas-line tax legislation — but the state's own modeling says the increase might sunset before it ever lands.
by Walter AlaskaNewsadded 3d ago2 min readAIKenai Peninsula, Alaska
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 AlaskaNews3w ago2 min readAIAlaska
ASD projects $40M FY28 deficit — two months after voters rejected school bond and tax levy
Anchorage School District projects a $40 million deficit for fiscal year 2028 on top of $90 million in earlier cuts, after voters rejected a $12 million tax levy and $79 million bond in April.
by Walter AlaskaNews3w ago2 min readAIAnchorage
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 Brown3w ago2 min readAIKenai
The Air Force wants $7 billion for fighter recapitalization at Elmendorf — but Alaska's military investments are riding on a partisan bill senators don't think will pass
The Air Force requested $7 billion for fighter jets at Elmendorf-Richardson in its 2027 budget, but half the F-35 funding and other Alaska-critical spending is routed through a partisan bill that Republican and Democratic senators say will not pass.
by Walter AlaskaNews3w ago2 min readAIWashington, District of Columbia
All three major North Slope producers have signed Alaska LNG Phase 1 sale agreements — and they want their ownership to stop at the lease line
All three major North Slope producers have signed Alaska LNG Phase 1 sale agreements — and they want their ownership to stop at the lease line
by Alaska News3w ago3 min readAIJuneau
Federal SNAP changes could put Alaska food aid and state budget under new pressure
Federal rules will expand work requirements for Alaska SNAP recipients and tie state costs to payment errors, potentially costing Alaska $42 million to $53 million annually starting in late 2027.
by Walter AlaskaNews1w ago2 min readAIAlaska
Anchorage budget trade-off: schools OR general government, not both, may be coming
Anchorage Assembly: model schools OR general government — not both. A committee member said the underlying situation is a fiscal cliff.
by Walter AlaskaNews1w ago2 min readAIAnchorage, Alaska
Senate Finance demands Phase 1 pipeline math before Alaska LNG tax vote
Senator Stedman blocked a vote on a $750 million annual tax break for Alaska LNG's Phase 1 pipeline until the Department of Revenue shows whether the project actually needs the 2-mill property tax cut to work financially.
by Walter AlaskaNews2w ago2 min readAIAlaska
Alaska LNG seeks 90% property tax cut; Kenai Peninsula pushes back
Alaska LNG is seeking a 90 percent property tax cut to proceed, but Kenai Peninsula Borough says the cut would cost local governments about $30 million annually needed to cover project impacts.
by Walter AlaskaNews3w ago3 min readAIAlaska
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 AlaskaNews1mo ago4 min readAIJuneau, Alaska
Federal highway chief commits to King Cove Road action
Federal Highway Administrator committed to finalize the Road, an 11-mile project connecting the community to Cold Bay's airport, and will visit Alaska in late June.
by Walter AlaskaNews3w ago2 min readAIWashington, District of Columbia
Alaska DOT faces continued budget shortfall despite partial restoration
Alaska DOT gets only half of $5 million budget restored for next fiscal year, leaving shortfalls in equipment, utilities, and energy costs. • Department will keep cost controls in place and monitor spending to protect maintenance services. • Capital budget and federal matching funds were fully approved for fiscal year 2027.
by Walter AlaskaNews1mo ago2 min readAIAlaska
Alaska Energy Conference Highlights Gas Pipeline Progress Amid Legislative Tax Debate
Alaska LNG pipeline signed contracts, targets 2029 delivery, but governor and legislature split on tax framework. • Southcentral consumers could pay $22.96 per thousand cubic feet if exports fail, double current rates. • Federal officials highlighted critical minerals and $1 billion in funding, but permitting takes 15 to 18 years. • Rural Alaska pays $6.63 per gallon with no pipeline relief in sight.
by Walter AlaskaNews1mo ago4 min readAIAlaska
Juneau Assembly Finance Committee votes 6-3 to end gondola project, repay Goldbelt
The Juneau Assembly Finance Committee voted 6-3 Tuesday to direct staff to end the Eagle Crest gondola project and draft an ordinance to repay Goldbelt and terminate the revenue sharing agreement, after construction costs ballooned from $7 million to $27 million.
by Walter AlaskaNews1mo ago4 min readAIJuneau
House panel cuts youth tobacco fines, advances Tobacco 21 bill
Alaska's House Finance Committee reduced proposed fines for minors possessing tobacco from $300 to $100 and eliminated mandatory court appearances, advancing legislation to raise the tobacco purchasing age to 21 and tax vaping products.
by Alaska News1mo ago3 min readAIJuneau
Anchorage's mayor told Senate Finance LNG could cost "tens of millions of dollars"
Anchorage's mayor told Senate Finance LNG would cost "tens of millions" — a number that lands somewhere between $23M and $173M. Her plan targets $23M.
by Walter AlaskaNews2w ago2 min readAIAnchorage, AK, USA
House votes to eliminate tax filing discounts worth $500,000 annually
Alaska House voted to eliminate four tax discounts worth $500,000 yearly, including a cigarette stamp break that persisted two decades after the equipment it subsidized was paid off.
by Walter AlaskaNews1mo ago1 min readAIJuneau, Alaska
Anchorage School Board adopts class size policy under state mandate
Anchorage School Board voted unanimously to adopt state-mandated class size limits of 23 for elementary and 30 for middle and high school. • The board also adopted smaller evidence-based targets it cannot currently afford, requiring annual cost analysis to document the funding gap.
by Walter AlaskaNews2w ago2 min readAIAnchorage
Same committee, same day, two close votes on Alaska LNG ratepayer protection — and they didn't go the same way
House Finance can't quite decide how much to protect Alaska ratepayers from LNG cost overruns — Tuesday's two votes split, with the same person providing the swing both times.
by Walter AlaskaNews3w ago2 min readAIJuneau, Alaska
The Air Force wants a $338.8 billion budget — a 34% jump that includes a 130% Space Force boost that flows to Clear
Air Force seeks $338.8 billion for fiscal 2027, a 34 percent increase with Space Force funding up 130 percent. • Clear Space Force Station in interior Alaska could receive part of the $71.1 billion Space Force request. • Funding also targets facility upgrades at JBER and Eielson Air Force Base, addressing a $50 billion maintenance backlog.
by Walter AlaskaNews3w ago2 min readAIWashington, District of Columbia
Anchorage secures $25M for Port of Alaska in state capital budget
Anchorage won $25 million in state funding for Port of Alaska, with $15 million guaranteed and $10 million conditional on oil prices staying above $80 per barrel through mid-2026.
by Walter AlaskaNews1mo ago1 min readAIAnchorage
House Finance cuts West Susitna road funding from capital budget
The House Finance Committee adopted a $2.5 billion capital budget that removes $94 million in federal receipt authority for the West Susitna Access Road project, sparking partisan debate over resource development priorities.
by Alaska News1mo ago3 min readAIAlaska
House rejects Galena school funding swap after dramatic rescind vote
The Alaska House of Representatives narrowly rejected an amendment to redirect $5 million from a Galena school renovation to Anchorage and Mat-Su projects after a dramatic rescind vote brought the measure back for reconsideration.
by Alaska News1mo ago3 min readAIJuneau, Alaska
ASD claims state funding bill comes too late
Anchorage School District says a potential $37 million state funding increase tied to an August 31 revenue determination arrives too late to hire teachers before the 2026-27 school year begins.
by Walter AlaskaNews4w ago2 min readAIAnchorage
House Finance Hears Sharp Divide Over $95M for West Susitna Road
The House Finance Committee heard nearly two hours of testimony on a $95 million appropriation for the West Susitna Access Road, with opponents calling it a subsidy for foreign mining companies and supporters arguing it would unlock economic development.
by Alaska News2mo ago4 min readAIAlaska, USA
Kodiak Borough advances FY27 budget with 8.91 mill rate to hearing
Kodiak Borough Assembly voted unanimously Wednesday to hold the property tax rate at 8.91 mills for fiscal year 2027, keeping tax bills flat in rate but higher in actual dollars as home assessments rise.
by Walter AlaskaNews1mo ago2 min readAIKodiak Island Borough
