State rolls millions in to General Fund

Fiscal Policy, Policy, Transparency — By on July 16, 2010 at 9:08 PM

(AlaskaWatchdog.org) After several years of internal discussion and organization, the Legislative Finance Division has completed a project that adds more than $750 million into the General Fund in an effort to simplify State finances.

Legislative Fiscal Analyst David Teal said the Budget Clarification Project reassigned almost 60 minor funds, including the State corporation dividend funds and proceeds from University of Alaska tuitions, to the General Fund.

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