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Even with a slimmer Permanent Fund dividend, low oil prices generate deficits in Alaska

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Even with a slimmer Permanent Fund dividend, low oil prices generate deficits in Alaska


Alaska Gov. Mike Dunleavy speaks concerning the state’s spring income forecast on March 21, 2023, on the Atwood Constructing in Anchorage. (Photograph by Sophia Carlisle/Alaska Beacon)

Decrease oil costs have torn massive holes within the Alaska state price range, the Division of Income stated Tuesday, releasing new estimates exhibiting a deficit of about $220 million within the fiscal 12 months that ends June 30 and one other deficit of about $240 million within the 12 months that begins July 1.

State legislators have already agreed to spend from financial savings to fill the present deficit by spending from the state’s Constitutional Finances Reserve, they stated Tuesday, however it’s not but clear how they’ll handle the deficit within the upcoming fiscal 12 months.

Members of the predominantly Republican Home majority coalition have already taken a significant step to handle the scenario by proposing to chop this 12 months’s Everlasting Fund dividend from the quantity proposed by Gov. Mike Dunleavy in December.

Underneath the governor’s unique proposal for the price range that begins July 1, the deficit can be between $890 million and $920 million, relying on the estimate used. Alexei Painter, director of the nonpartisan Legislative Finance Division, and Neil Steininger, director of the governor’s Workplace of Administration and Finances, every provided totally different figures.

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On Monday, the Home Finance Committee proposed a brand new price range draft that cuts the governor’s proposed $3,860 per-person dividend to about $2,700 per individual. That drops the anticipated deficit to about $240 million.

That determine doesn’t embody the estimated $250 million price ticket of a proposed improve to the state’s per-student funding components for Okay-12 colleges, or any development or renovation tasks sometimes added to the price range by legislators yearly. These objects weren’t included within the governor’s proposed price range and should not included within the Home price range.

Rep. DeLena Johnson, R-Palmer and co-chair of the Home Finance Committee, stated on Tuesday that additional actions can be forthcoming.

The brand new smaller income forecast, she stated, “is the elephant within the room.”

Earlier than lawmakers eat the elephant in fiscal 12 months 2024, they’ll should maintain the one in fiscal 12 months 2023, which ends June 30.

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Legislators sometimes embody language within the price range that claims any deficits can be mechanically crammed by the state’s Constitutional Finances Reserve, however the price range they accepted final 12 months lacks that language, as a substitute saying that any deficits must be crammed by a state financial savings account that’s simpler to entry, the Statutory Finances Reserve.

That account holds solely about $20 million, Painter informed the Senate Finance Committee earlier this 12 months, not sufficient to cowl the deficit.

Spending from the constitutional reserve requires three-quarters of the Senate and three-quarters of the Home to agree.

The bipartisan Senate majority contains 17 members, and if all agree, that’s sufficient.

“I’d anticipate that the Senate would help three-quarter vote entry to the CBR not solely in ’23, however in ’24,” stated Sen. Bert Stedman, R-Sitka and co-chair of the Senate Finance Committee.

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Within the Home, the bulk coalition is just 23 members and never all members are required to vote collectively. Meaning the votes of the 16-person minority caucus are wanted.

A invoice proposed by Dunleavy to cowl state prices by June, referred to as the “fast-track” supplemental invoice, is making its approach by the Legislature.

Home Minority Chief Calvin Schrage, I-Anchorage, stated that if the fast-track invoice doesn’t change earlier than the ultimate vote — flooring amendments are potential — the minority is ready to help the Constitutional Finances Reserve vote.

“We’re going to do our due diligence to ensure that that’s tight and been buttoned up, however assuming it’s, I tentatively intend to have our caucus help the CBR,” Schrage stated.

Gov. Mike Dunleavy, chatting with reporters in Anchorage on Tuesday, stated he doesn’t see any issues with utilizing the CBR to cowl the deficit this fiscal 12 months.

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The CBR comprises solely about $2 billion, and the state makes use of it to handle fluctuations in money movement; if its steadiness drops too far, there could possibly be issues, state accountants have warned.

When requested how the state will cope with the deficit in fiscal 12 months 2024, the governor was equivocal. He stated there can be discussions about cuts, discussions about new income, and for the second, the difficulty is within the arms of the Legislature.

“And so the actual means of hammering out this price range sort of begins now,” he stated.

This story initially appeared within the Alaska Beacon and is republished right here with permission.



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Alaska

Close encounters with the Juneau kind: Woman reports strange lights in Southeast Alaska skies

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Close encounters with the Juneau kind: Woman reports strange lights in Southeast Alaska skies


ANCHORAGE, Alaska (KTUU) – For Juneau resident Tamara Roberts, taking photos of the northern lights was just a hobby — that is until a different light altogether caught her eye.

Capturing what she’s called strange lights in the skies of Juneau near her home on Thunder Mountain, Roberts said she’s taken 30 to 40 different videos and photos of the lights since September 2021.

“Anytime I’m out, I’m pretty sure that I see something at least a couple times a week,” Roberts said. “I’m definitely not the only one that’s seeing them. And if people just pay more attention, they’ll notice that those aren’t stars and those aren’t satellites.”

Roberts has been a professional photographer for over 20 years. She said she changed interests from photographing people to wildlife and landscape when she moved to Juneau 13 years ago.

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Once she started making late-night runs trying to capture the northern lights, she said that’s when she started encountering her phenomenon.

Roberts said not every encounter takes place above Thunder Mountain: her most recent sighting happened near the Mendenhall Glacier while her stepmom was visiting from Arizona.

“She’d never been here before, so we got up and we drove up there, and lo and behold, there it was,” Roberts said. “I have some family that absolutely thinks it’s what it is, and I have some family that just doesn’t care.”

Roberts described another recent encounter near the glacier she said was a little too close for comfort. While driving up alone in search of the northern lights, she expected to see other fellow photographers out for the same reason as she normally does.

But this night was different.

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“I’ve gone up there a million times by myself, and this night, particularly, it was clear, it was cold and the [aurora] KP index was high … so as I’m driving up and there’s nobody there. And I was like, Okay, I’ll just wait and somebody will show up.’ So I backed up into the parking spot underneath the street light — the only light that’s really there on that side of the parking lot — and I turned all my lights off, left my car running, looked around, and there was that light right there, next to the mountain.”

Roberts said after roughly 10 minutes of filming the glowing light, still not seeing anyone else around, she started to get a strange feeling that maybe she should leave.

“I just got this terrible gut feeling,” Roberts said. “I started to pull out of my parking spot and my car sputtered. [It] scared me so bad that I just gunned the accelerator, but my headlights … started like flashing and getting all crazy.

“I had no headlights, none all the way home, no headlights.”

According to the Juneau Police Department, there haven’t been any reports of strange lights in the sky since Sept. 14, when police say a man was reportedly “yelling about UFOs in the downtown area.”

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Responding officers said they did not locate anything unusual, and no arrests were made following the man’s report.

The National Oceanic and Atmospheric Administration National Weather Service in Juneau also said within the last seven days, no reports of unusual activity in the skies had been reported. The Federal Aviation Administration in Juneau did not respond.

With more and more whistleblowers coming forward in Congressional hearings, Roberts said she thinks it’s only a matter of time before the truth is out there.

“Everybody stayed so quiet all these years for the fear of being mocked,” Roberts said. “Now that people are starting to come out, I think that people should just let the reality be what it is, and let the evidence speak for itself, because they’re here, and that’s all there is to it.”

See a spelling or grammar error? Report it to web@ktuu.com

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‘We’re ready to test ourselves’: UAA women’s hoops faces tallest task yet in another edition of the Great Alaska Shootout

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‘We’re ready to test ourselves’: UAA women’s hoops faces tallest task yet in another edition of the Great Alaska Shootout


ANCHORAGE, Alaska (KTUU) – Heading into Friday’s game with a 6-1 record, Alaska Anchorage women’s basketball is faced with a tall task.

The Seawolves are set to face Division I Troy in the opening round of the 2024 Great Alaska Shootout. Friday’s game is the first meeting between the two in program history.

“We’re gonna get after it, hopefully it goes in the hoop for us,” Seawolves head coach Ryan McCarthy said. “We’re gonna do what we do. We’re not going to change it just because it’s a shootout. We’re going to press these teams and we’re going to try to make them uncomfortable. We’re excited to test ourselves.”

Beginning the season 1-4, the Trojans have faced legitimate competition early. Troy has played two ranked opponents to open the season, including the 2023 national champion and current top-10 ranked Louisiana State University on Nov. 18. The Trojans finished runner-up in the Sun Belt Conference with a 15-3 record last season.

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“At the end of the day, they’re women’s basketball players too. They’re the same age as us and they might look bigger, faster and stronger, but we have some great athletes here,” junior guard Elaina Mack said. “We’re more disciplined, we know that we put in a lot of work, and we have just as good of a chance to win this thing as anybody else does.”

The 41st edition of the tournament is also set to feature Vermont and North Dakota State. The two Div. I squads will battle first ahead of UAA’s match Friday night.

All teams will also play Saturday in a winner and loser bracket to determine final results.

See a spelling or grammar error? Report it to web@ktuu.com

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Women will make up a majority in Alaska House for first time in state history

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Women will make up a majority in Alaska House for first time in state history


Six Alaska House seats currently held by men are set to be held by women next year, bringing the overall number of women in the chamber to 21. This will be the first time in the state’s history that one of the legislative chambers is majority women.

The women elected to the Alaska House bring a variety of experiences and perspectives to the chamber. Ten of them are Republicans, including four newly elected this year. Nine are Democrats — including three who are newly elected. Two are independents who caucus with Democrats.

There are also five women in the state Senate, a number that remained unchanged in this year’s election, bringing the total number of women in the Alaska Legislature to 26 out of 60, a new record for the state. The previous record of 23 was set in 2019.

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Nationally, around a third of legislative seats were held by women this year, according to researchers at Rutgers University. Nearly two-thirds of women legislators are Democrats. In Alaska, women serving in the Legislature are largely evenly split between the major political parties.

Before this year’s election, only seven states had ever seen gender parity in one of their legislative chambers. They include Arizona, Nevada, New Hampshire, Rhode Island, Colorado, New Mexico and Oregon. California is set to join the list after this year’s election.

Three of the women slated to serve in the Alaska House next year are Alaska Native — also a record. Two of them were elected for the first time: Robyn Burke of Utqiagvik, who is of Iñupiaq descent, and Nellie Jimmie of Toksook Bay, who is of Yup’ik descent. They join Rep. Maxine Dibert of Fairbanks, of Koyukon Athabascan descent, who was elected in 2022.

The historic increase in representation of women came in Alaska even as voters did not reelect U.S. Rep. Mary Peltola, the first woman and first Alaska Native person to represent the state in the U.S. House. Peltola was voted out in favor of Republican Nick Begich III.

Women come to the Alaska Legislature from diverse professional backgrounds, but a disproportionate number of them will arrive with some experience in public education.

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Three of the newly elected lawmakers — Burke, Jubilee Underwood of Wasilla and Rebecca Schwanke of Glennallen — have served on their local school boards, helping oversee the North Slope Borough, Matanuska-Susitna Borough and Copper River school districts, respectively.

The three bring different perspectives on public education. Burke said she is looking forward to working with a bipartisan caucus that is set to have a majority in the Alaska House this year, with a focus on increasing education funding and improving the retirement options for Alaska’s public employees, including teachers.

Schwanke and Underwood, on the other hand, have indicated they will join the Republican minority caucus, which has shown an interest in conservative social causes such as barring the participation of transgender girls in girls’ school sports teams.

The increase in the number of women serving in the Alaska Legislature comes as public education funding is set to be a key issue when lawmakers convene in January.

Burke said she and the other newly elected women bring different policy perspectives to the topic of education, but their shared experience in serving on school boards reflects a commitment to their children’s education.

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“With so many parents and so many moms, I hope that there will be really good legislation that supports working families and children and education,” Burke said.





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