Budget
RSSAlaska News tracks budget issues affecting Alaska schools, municipalities, state agencies, and public services.
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 AlaskaNews2d ago2 min readAIAlaska
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 AlaskaNews2d ago2 min readAIAlaska
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 AlaskaNews2d ago2 min readAIAlaska
Anchorage police and fire overtime budgets built on 2010 math, OMB says
Anchorage police and fire overtime budgets are running millions over approved limits because the city has not updated the math since roughly 2010, OMB told the Assembly on Thursday.
by Walter AlaskaNews2d ago2 min readAIAnchorage, Alaska
Conference 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 AlaskaNews2d ago4 min readAIAlaska
U.S. Senate stalls defense bill, freezing $2.6B for Alaska
The Senate blocked its defense bill — and $2.6B in Alaska military work with it — over the Iran war and Pentagon spending. Both AK senators voted yes.
by Walter AlaskaNews4d ago2 min readAIAlaska
A 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 AlaskaNews1w ago1 min readAIFairbanks, Alaska
Who pays when the state underfunds school construction debt?
Alaska's cities want the state to stop shortchanging school-construction debt payments and stick locals with the bill. But it's a request, and the money's far from guaranteed.
by Walter AlaskaNews6d ago1 min readAIAlaska
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 AlaskaNews1w ago2 min readAIAnchorage
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 AlaskaNews1w ago3 min readAIJuneau, Alaska
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 AlaskaNews1w ago1 min readAIMat-Su Valley, 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 AlaskaNews2mo 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 AlaskaNews1mo ago2 min readAIState Capitol
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 AlaskaNews5d ago2 min readAIAlaska
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 AlaskaNews3w ago2 min readAIAnchorage, Alaska
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 readAIFairbanks, Alaska
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 AlaskaNews2w ago3 min readAIAlaska
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 readAIJuneau, Alaska
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
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 AlaskaNews1mo ago3 min readAIAlaska
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 AlaskaNews3w ago2 min readAIAlaska
Ketchikan's library could lose 40% of its budget — and who picks the books is part of the fight
Ketchikan's library may lose 40% of its funding as the borough and city feud — a money fight tangled up with a quieter one over who controls what's on the shelves.
by Walter AlaskaNews1w ago1 min readAIKetchikan, 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 AlaskaNews1mo ago3 min readAIAlaska
Bethel moves to repay firefighters shorted on their pay
Bethel's firefighters were shorted on paid days off while stuck at the lower rate meant to offset them — and the city's now moving to pay back what they're owed
by Walter AlaskaNews1w ago1 min readAIBethel, Alaska
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 Brown1mo ago2 min readAIKenai
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 AlaskaNews3w ago2 min readAIAlaska
Kodiak's nonprofits need more than the borough can give
Kodiak nonprofits asked for far more than the $270K the borough has to give — with the biggest shortfall in the fund that helps keep a homeless shelter open year-round.
by Alaska News1w ago1 min readAIKodiak, Alaska
What Fairbanks wants from Juneau — and why it costs more up north
Fairbanks is finalizing its legislative wish list: cheaper piped gas, more school funding, and pensions back — a bill of grievances for a region that pays more for everything.
by Maggie AlaskaNews1w ago1 min readAIFairbanks, 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 AlaskaNews1mo 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 AlaskaNews1mo ago2 min readAIAnchorage
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 AlaskaNews1mo ago2 min readAIAnchorage
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 AlaskaNews1mo 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 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 AlaskaNews1mo ago2 min readAIAnchorage, AK, USA
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 AlaskaNews3w ago2 min readAIAnchorage, Alaska
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 AlaskaNews1mo ago2 min readAIWashington, District of Columbia
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
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 AlaskaNews1mo 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
Kenai's $9.4M school-cost risk may never actually come due
A gas-tax bill could add up to $9.4 million a year to Kenai's school costs — but the Legislature's analyst says a sunset means none of it would ever be charged.
by Walter AlaskaNews2w ago1 min readAIKenai Peninsula, Alaska
