Governor's spending plan would produce a deficit


January 27, 2022

The Alaska Legislature gaveled into session last week. The Legislature’s main duty is creating and passing a budget for the state. To do this, we start by considering last year’s budget and the budget proposed by the governor. I’d like to tell you a bit about the governor’s proposed budget for this upcoming year, Fiscal Year 2023, which starts July 1.

The governor is proposing a budget about $80 million more than last year’s budget, or a 2% increase, which is in line with the original assumption for inflation. Inflation rates have jumped much higher than previous years, but the go...

For access to this article please sign in or subscribe.


Reader Comments(0)


Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2024

Rendered 02/21/2024 23:33