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Alaska legislators look to savings account for deficit fix

Summary by KTOO
Snow falls on the Alaska Capitol and the statue of William Henry Seward on Monday, April 1, 2024. (Photo by James Brooks/Alaska Beacon) Members of the Alaska Legislature said this week that they’re likely to use the state’s Constitutional Budget Reserve to fix a roughly $173 million budget deficit for the 12 months that end June 30. Lawmakers are confronting another, larger deficit as they craft the budget for the fiscal year that begins July 1,…

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Mat-Su Valley FrontiersmanMat-Su Valley Frontiersman
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Alaska legislators look to savings account for deficit fix

Members of the Alaska Legislature said this week that they’re likely to use the state’s Constitutional Budget Reserve to fix a roughly $173 million budget deficit for the 12 months that end June 30.

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Mat-Su Valley Frontiersman broke the news in on Thursday, March 27, 2025.
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