Posts Tagged ‘fiscal responsibility’

Right-Sizing Alaska’s State Government Workforce

A few weeks ago the Alaska Policy Forum highlighted an analysis from Key Policy Data, a national data visualization firm. The analysis found that in 2016 Alaska had the second-least productive state and local public sector workforce in the U.S. Since then, Key Policy Data (KPD) has released a new analysis...
February 6th, 2018 | Accountability, Labor, Recent News | Read More

Will Alaska be Swallowed by Health Care Costs?

Some good questions were asked this week by state legislators about Alaska’s ballooning health care budget. On Wednesday, January 19 in the Senate Finance Committee meeting, Governor Walker’s Director of the Office of Management and Budget Pat Pitney presented the FY2019 Budget Overview. The budget...
January 19th, 2018 | Fiscal Policy, Health Care, Medicare/Medicaid, Recent News | Read More

Alaska’s Budget Deficit: Have we really cut enough?

In a large statewide poll conducted by Hellenthal and Associates in the spring of 2017, Alaskan voters agreed with the following statement by a two-to-one margin: “The state budget needs to be drastically reduced.”  A December 2017 analysis from Key Policy Data (KPD) would seem to confirm that the...
January 7th, 2018 | Fiscal Policy, Policy, tax changes, Taxes | Read More

Another New Tax Proposed for Alaskans

The administration of Alaska Governor Walker is scrounging for every dollar it can get from the populace. His latest move is to duplicate registration that is already achieved by the federal government by taxing private airplanes in Alaska again.  Our federal taxpayer dollars already fund the Federal...
December 3rd, 2017 | Fiscal Policy, Recent News, Taxes | Read More

More Taxes Will Discourage Investment

We are happy to see the distinguished think tank R Street Institute recently weigh in on Alaska.  We agree with their conclusion that, “more taxes will only discourage the investment and growth Alaska needs so badly. The state, with an annual payroll of $1.4 billion, can also do more to tighten...
November 15th, 2017 | Fiscal Policy, Recent News, Resource Development, Taxes | Read More

Leading Tax Experts to Alaska Legislature: Whatever You Tax, You Get Less Of

The Tax Foundation, the nation’s leading independent tax policy nonprofit organization has published their take on the governor’s tax proposal. Highlights: “When Alaska’s legislature convenes in the year’s fourth special session on Monday, the Last Frontier State will test the frontiers...
October 24th, 2017 | Fiscal Policy, Recent News, Taxes | Read More

AK Capital Budget & Non-Mission Critical Items

The Alaska Policy Forum has been a very active partner with many others in holding the State Of Alaska accountable for wasteful spending.  This partnership, Mission Critical Alaska, has evaluated every department in the state government and identified the mission critical spending and non-mission critical...
July 27th, 2017 | Fiscal Policy | Read More

State sees bonds as investment capital to close unfunded pension gap

Here is a repost of an article written in June 2010 on the state using bonds to fund state pensions. June 14, 2010 Selling up to $5 billion in bonds could either place Alaska further in the red or, as State officials hope, successfully decrease the multi-billion dollar pension unfunded liability. Deputy...
September 20th, 2016 | Recent News | Read More

Audio: The Failed Experiment of Pension Bonding

In 2008, the Alaska Legislature passed House Bill 13, which authorized the selling of bonds (debt) for investment to fill the $10 billion pension gap in PERS/TRS. But Steve Malanga from the Manhattan Institute says pension bonding is an idea that has been attempted in other states with some terrible...
September 20th, 2016 | Fiscal Policy, Recent News | Read More

Alaska Funds PERS Retirement for Alaska Municipal League Employees

This is a reprint of an article which we posted on May 17, 2010.  Today, it is even more relevant because the CEO of the Alaska Municipal League, Kathy Wasserman, is arguing against recently filed legislation shifting more of the PERS costs to local governments. These are the same government interests...
March 29th, 2016 | Accountability | Read More

Nevada Governor-Elect seeks to link agency budgets to goals

Gov. Brian Sandoval said he favors switching how Nevada government spends money to a “performance-based” budgeting system in which state agencies must meet pre-set goals and requirements. (Read more…)
January 21st, 2011 | Fiscal Policy | Read More

More Please: Prioritization of Spending Programs

The governor called a press conference after the election to outline his transition process, and to call for input from citizens over the next four years, stating, We want the strongest ideas to emerge – ideas that will take our state forward, create opportunities and strengthen the economy. One thing...
November 8th, 2010 | Fiscal Policy | Read More

Startling state unfunded liabilities

(NCPA) NCPA’s Unfunded Liabilities report takes a sobering look at state pension plans. Alaska’s unfunded liabilities are 42% of the state’s GDP. Read the report <here>
September 24th, 2010 | Fiscal Policy | Read More

America under tax burden

(Heritage Foundation) With Bush-Era tax cuts set to expire and the new health care law ready to start collecting, The Heritage Foundation takes an in-depth look at the general financial health of the country in the coming years. Read the report <here>
September 23rd, 2010 | Fiscal Policy | Read More

$2 million per stimulus job in L.A.

(FOX) Los Angeles has released a report on job creation/retention directly related to the recent stimulus package. $111 million dollars has provided only 55 employees with continued employment. Read the article <here>
September 17th, 2010 | Fiscal Policy | Read More

Decadent deficiency: L.A. county schools

(Heritage Foundation) $578 million dollar schools, school districts building when in $640 million dollar deficits, and less than half of students graduating high school sum up L.A. county, a perfect candidate for school choice. Read the article <here>
September 14th, 2010 | Education, Fiscal Policy | Read More
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