The Department of Revenue released a forecast today showing the state will bring in $800 million dollars less in oil revenue this year and next than the department projected in the fall.
Andrew Kitchenman
State Government Reporter, Alaska Public Media & KTOO
State government plays an outsized role in the life of Alaskans. As the state continues to go through the painful process of deciding what its priorities are, I bring Alaskans to the scene of a government in transition.
House bill would trim oil and gas tax credits, but less than Walker’s plan
The bill would trim the amount of tax credits paid to companies operating in the Cook Inlet.
Lawmakers eye earnings of rural energy endowment to fund state budget
Some lawmakers are questioning whether the fund, now worth $900 million, should be committed to benefit only about one in nine Alaskans.
Alaska officials court Google’s driverless car industry
Google state legislative affairs representative Ron Barnes wouldn’t commit to bringing autonomous vehicles to the Alaska anytime soon, saying that Google’s engineers determine where the company tests its cars.
Legislators, Walker differ on how to pay for budget
Members of the Republican-led Senate majority differ with Gov. Bill Walker on whether the state must permanently address all of its budget problems this year — and whether the state needs new taxes.
Senate cuts $63 million more from budget than House
The Senate voted for $100 million in executive branch cuts that aren’t allocated.