Alaska Senate eyes $100 million-plus in cuts in draft budget

Alaska Senate eyes $100 million-plus in cuts in draft budget

Despite the Senate’s planned reductions, a more than $85 million projected deficit remains for the next fiscal year.

State House passes operating budget with large gap between revenues and spending

The Alaska House of Representatives on April 16 approved a $6.2 billion draft state operating budget, putting Alaska on track for a deficit of as much as several hundred million dollars in the fiscal year that begins July 1. If the House version of the operating budget is added to the capital budget passed a day earlier by the Senate — and counting a planned supplemental budget needed to fill hole...