Alaska commercial fisheries dodged bullet that would have removed millions of dollars from its budget

 

August 1, 2019



As Alaska lawmakers continue their struggle to keep the state afloat, commercial fisheries dodged a bullet that would have removed millions of dollars from its budget.

An obscure procedural action within the capital budget called a ‘reverse sweep’ prevents dozens of program-specific pots of money from being automatically drained into the budget reserve, as Governor Dunleavy aimed to do. 

“The sweep is money that is not spent in a single year. In this case, it comes from certain sources, such as test fish receipts, commercial crew licenses and sale of Commercial Fisheries Entry Commis...



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