• Forecast
  • News Tip
  • Categories
Temperature Precipitation
Estimated read time
47s

Parnell unveils budget proposal

By Rhonda McBride 1:12 PM December 12, 2013

Budget totals $5.6 billion, a $1.3 billion decrease from current spending levels

ANCHORAGE – Alaska Gov. Sean Parnell chose a friendly crowd for the release of his budget for the coming fiscal year:  the Anchorage Chamber of Commerce, which generally supports budget cuts and his tax reform proposals.

Thursday, he told members he’s planning to cut $1.3 billion in general fund spending for fiscal year 2015.

In the current fiscal year, general fund spending stands at $6.9 billion. In the coming year, Parnell proposes decreasing it to $5.6 billion.

The budget proposal follows news last week of a projected state revenue shortfall of $2 billion for the current fiscal year.

The governor wasn’t all about cutting, though. He also pitched a plan to pay down part of the unfunded liability in the state pension fund from budget reserves.

His budget proposal would also increase the numbers of troopers and Village Public Safety Officers.

Click here to view the entire budget proposal.

Latest Stories

  • News

    15 year old killed in Wasilla collision

    by KTVA CBS 11 News on Feb 08, 20:19

    A 15 year old has died after being struck by a vehicle while he was out walking. The teen, identified as Austin Edenfield, was walking on the shoulder of Pittman Road Monday afternoon when a southbound vehicle struck him, according to Alaska State Troopers. Troopers were notified of the collision just after 3 p.m. and […]

  • News

    FAA says there are now more registered drone operators than licensed pilots

    by Associated Press on Feb 08, 20:01

    The Federal Aviation Administration says there are now more registered drone operators in the U.S. than there are licensed pilots. FAA Administrator Michael Huerta told a legal forum on Monday that the agency passed the milestone last week when it topped 325,000 registered drone owners. There are 320,000 licensed pilots of manned aircraft. Huerta said […]

  • News

    MSBSD aggressively recruiting new teachers and staff

    by Shannon Ballard on Feb 08, 19:50

      ANCHORAGE — The Matanuska-Susitna Borough School District is aggressively recruiting new teachers and staff. District wide enrollment went up by nearly 800 new students just this year. That means more education jobs. The problem is finding qualified applicants to fill them, according to district officials. About 160 people were hired this school year. The district needs to […]

  • Lifestyle

    Alaska Native Heritage Center feeling pinch of tough economy

    by Alexis Fernandez on Feb 08, 19:24

      ANCHORAGE — Alaska’s tough economy is taking a toll on some nonprofits, including one that focuses on Alaska Native history and culture. The Alaska Native Heritage Center said it is preparing to see fewer large private donations than before, partly because of the tough economy. It’s not alone — just last week the Alaska […]

  • Lifestyle

    Update on Joe Vigil

    by KTVA CBS 11 News on Feb 08, 15:59

    As many of you have noticed, Joe Vigil has been absent from our newscasts since November. Joe underwent surgery for colorectal cancer last year and it was successful in removing the cancer. But there have been complications from surgery that were not anticipated by either Joe or his doctors. As a result he needs a […]

  • News

    State’s first VAWA training since historic opinion begins in Bethel

    by Anna Rose MacArthur/KYUK on Feb 08, 15:46

    This story originates from KYUK Public Media and was published with permission.  BETHEL — Today in Bethel starts the first training  in Alaska on the Violence Against Women Act, or VAWA, since Alaska Attorney General Craig Richards issued the opinion last summer that law enforcement agencies must uphold tribal protection orders the same as state orders. “This […]

  • News

    ML&P, Chugach Electric partner to purchase portion of natural gas field

    by Heather Hintze on Feb 08, 13:15

      ANCHORAGE — In hopes of securing a stable energy future for Anchorage, two utilities have teamed up to buy part of a Cook Inlet gas field. Municipal Light & Power and Chugach Electric Association announced Monday the joint purchase of ConocoPhillips’ one-third interest in the Beluga River Unit natural gas field, which is about 30 […]

  • Politics

    Alaska House proposes suspension of all non-budget work

    by Liz Raines on Feb 08, 13:07

      Updated at 2:30 p.m. on Monday, Feb. 8 JUNEAU — The House Rules Committee introduced a resolution (HCR 23) Monday to suspend the hearing of any non-budget, non-revenue generating bills until the passage of an operating budget. The House cancelled all non-budget related committee meetings Monday, except for a hearing on Senate Bill 23, […]