Assembly members agreed on Wednesday to absorb this year’s $6.4 million revenue shortfall using interest earnings from last fiscal year. They opted against implementing any broad service reductions — for now.
Economy
Alaska’s furloughed feds take on ‘lemonade’ projects amid stress and uncertainty
Despite fear of retribution, some are speaking out. “I might as well go down swinging,” one says.
Federal agency designates Alaska’s Donlin gold mine for fast-track permitting
Donlin Gold says the FAST-41 designation will not accelerate the mine’s timeline nor allow it to skip required steps. Environmental and tribal groups have raised concerns.
Telephone Hill tenants file lawsuit as city plans next steps for redevelopment project
The city’s Nov. 1st eviction date for Telephone Hill tenants has come and gone, and now, the city is laying out the plan for what lies ahead for the neighborhood.
Kenai Aviation suspends service, citing financial woes
The company said in a Facebook post it was “financially insolvent” after accruing debt during the pandemic, and would stop flying by the end of the day.
Cut off from their jobs at home, Alaska typhoon evacuees have alternative income options
For wage-earning Alaskans who were displaced by the remnants of Typhoon Halong, a powerful storm that lashed the western coast of the state earlier this month, qualifying for one special type of federal assistance could be a cinch.