Welcome to our new web feature on the State of Alaska budget. On this web page, you can find published op-ed pieces, videos, an FAQ list, news stories and additional resources on the situation.

We believe in a balanced approach to a sustainable budget. The state is our most important partner as we work to improve life for Alaskans. This situation is complex and volatile. To better understand events as they unfold in 2019, we will continue to gather information to help you understand what is happening — and what is at stake.

Feel free to share out from this page and let us know if you have questions or want more information.

 

Where does Rasmuson Foundation stand?

Read three op-ed pieces on the State of Alaska budget that were published in newspapers around Alaska as events unfolded.

‘Where will the children go?’

The Foundation’s views on the cuts are expressed by President Diane Kaplan before the House Finance Committee on July 9.

 

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What partners and colleagues are saying about the State of Alaska budget

‘140 people would have to sleep outside’

— Lisa Aquino

 

https://youtu.be/kv9qvVrSu5A

Catholic Social Service’s executive director, Lisa Aquino, explains how Alaska’s budget vetoes mean Brother Francis Shelter will drop from 240 people housed per night to 100. Catholic Social Services also must make many other cuts to services for people experiencing homelessness.

Here are statements from Alaska business leaders, private funders, clergy leaders and others related to the 2019 State of Alaska budget situation:

Watch video: Funders talk about partnership with State

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Feeling lost? Our FAQs may help.

  • What is at issue in the Alaska state budget?
  • What are the key arguments?
  • What is the latest?

Check out our Frequently Asked Questions list for answers.

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Stories on the State of Alaska budget

The situation has generated hundreds of news stories this spring and captured national attention. Here’s a sampling:

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Reports, the governor’s veto list and more are available here.

These two key charts from the presentation come from the state Legislative Finance Division:


State spending is on a decline, when adjusted for inflation and on a per-person basis. It is not that much more this year than in 1976. Since last year, the state has used a percentage of Permanent Fund earnings (known as POMV) to fill the gap from declining oil revenues to help pay for public services.
The state has been spending down its budget reserve funds the past five years, leaving it more dependent on the Permanent Fund earnings reserve to help cover public services and the dividend. Because there are limits to the earnings reserve, legislators need to decide a balance between funding public services and the annual dividend.

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