Legislature headed into budget negotiations

Stopping in Wrangell last week, District 36 Rep. Dan Ortiz (I-Ketchikan) was able to share with the Sentinel some his perspectives on how the state's current budget negotiations are headed.

House Bill 256 and Senate Bill 139 are each chamber's proposal for a state budget, which currently is set to exhaust the Statutory Budget Reserve and draw from the Congressional Budget Reserve, which at current spending

levels may run out by 2019. The CBR fund is where all oil tax settlement revenues are deposited, and withdrawals from the fund require a

three-quarter vote of the legislature.

Gov. Bill Walk...

 
 

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