Larry Persily
Legislators cautious of overreliance on high oil prices
In a break from past practice, the Alaska Department of Revenue this year will provide monthly updates to legislators whenever projected oil prices — and state revenues — move up or down more than 10%.
Coastal legislators dislike governor’s spending plan for ferries
Though they say the level of funding for the state ferry system in Gov. Mike Dunleavy’s budget for the fiscal year that begins July 1 is adequate, coastal legislators don’t like that the governor wants to use one-time federal money to pay the bills, eliminating almost 95% of state funding.