Posts Tagged ‘fiscal responsibility’

Rates adjusted to address unfunded PERS/TRS gap

Kirsten Adams Friday, June 18 After two full days of presentations, discussions and review, the Alaska Retirement Management Board approved pension contribution rates today for fiscal year 2012 in an effort to reduce the multi-billion dollar unfunded liability. The rates are based on 2009 valuations...
June 27th, 2010 | Fiscal Policy, Recent News | Read More

New education stimulus to complete the first’s task

(Heritage Foundation) Congress will soon consider a $23 billion spending measure for public education. This money comes on the heels of the 2009 American Recovery and Reinvestment Act (ARRA)—the so-called stimulus bill—which contained $80 billion in K-12 education funding. Further, President Obama’s...
June 24th, 2010 | Accountability, Education, Fiscal Policy | Read More

Audio: Anchorage School District’s next big spending project

David Boyle from the Alaska Policy Forum asks how the West Romig renewal will affect student achievement. (5:40) ASD's next big spending project - Click here to listen
June 22nd, 2010 | Education, Recent News | Read More

San Diego ballot initiative would bring contract transparency

Battle lines are being drawn in San Diego over a possible November ballot measure that supporters say would ensure competitive bidding for municipal contracts, but which opponents argue is deceptive and has hidden consequences. Councilman Carl DeMaio plans to submit more than 138,000 signatures to the...
June 16th, 2010 | Recent News | Read More

Is the Anchorage School District focused on its mission?

On June 14th at 6:30, the Anchorage School Board will consider approving a master plan to rebuild West High School and Romig Middle School into a community center school. The projected cost is nearly $300,000,000. This “vision” includes fitness centers, one natural and two artificial turf...
June 14th, 2010 | Education | Read More

Union bail-out has Republican supporters

(Michigan Capitol Confidential) Michigan Congressman Thad McCotter, R-Livonia, is one of just nine Republicans nationwide to co-sponsor legislation that seeks to bail out union pension funds and put taxpayers “on the hook for $165 billion in unfunded union pension liabilities,” according...
June 9th, 2010 | Economics, Fiscal Policy, Policy | Read More

States feel fiscal pinch from Medicaid expansions

(New York Times) Having counted on Washington for money that may not be delivered, at least 30 states will have to close larger-than-anticipated shortfalls in the coming fiscal year unless Congress passes a six-month extension of increased federal spending on Medicaid. Governors and state lawmakers,...
June 8th, 2010 | Recent News | Read More

Design problems plague Port of Anchorage expansion

By Kirsten Adams June 7, 2010 Despite an additional appropriation in the recently approved capital budget, reports of failed designs continue to plague the more than $750 million Port of Anchorage expansion project.  The project would use an open cell sheet pile design to add 130 acres of dock space...
June 7th, 2010 | Recent News | Read More

Stimulate Economic Education

By Dave Cuddy Every generation in America…until this one…has endeavored to deliver a better quality of life, and an improved nation to our children. For the first time in our country’s history, we have failed in this challenge. The economic meltdown is unlike anything in most of our memories....
May 29th, 2010 | Fiscal Policy | Read More

Alaska Watchdog: Federal funding rules foil smart budget cuts

By Kirsten Adams May 29, 2010 As long as Alaska receives Federal funding for education and transportation, “maintenance of effort” (MOE) stipulations would prevent the State from making budget cuts in those areas. MOE stipulations are rules attached to Federal funding intended to force a State to...
May 29th, 2010 | Recent News | Read More

Anchorage VA clinic: $76mil, 184,000 square feet

(KTUU) Patients and staffers at Anchorage’s veterans’ clinic have waited two years for this day: the opening of their new building on North Muldoon Road. Less than seven miles from the site of the new crime lab, the new clinic measures 184,000 square feet, but with a price tag that should...
May 17th, 2010 | Accountability, Economics, Issues, Policy | Read More

Alaska Watchdog: Economy and rising health care costs raises unfunded liability of state pension

By Kirsten Adams After an independent review of Alaska’s public retirement systems revealed more than $24 billion in liabilities, state officials said the steady annual increases in debt were caused by a combination of unhealthy markets and rising health care costs. Jack Kreinheder, Senior Analyst...
May 17th, 2010 | Health Care, Recent News | Read More

Beluga whales blamed for Anchorage port construction problems

(ADN) The Anchorage port cost has doubled from an estimated $375 million to $750+ million, and the expected  completion date has moved from 2015 to a likely 2020. The ICRC is now seeking a new contractor to fix existing issues and complete the project. Read the article <here>
May 11th, 2010 | Accountability | Read More

Opinion: Warming’s Uncertain Science

(Pittsburgh Tribune-Review) Before trillions more of our dollars are wasted in a vain effort to control the weather 100 years from now, our leaders should be much more certain that human activities are actually causing climate harm than is warranted by the uncertain science that has been spun out as...
April 23rd, 2010 | Policy | Read More

Budget request uncovers mismanagement of Alaska Medicaid

(Fairbanks Daily News-miner) The state suspended, for one year ending in mid-2009, a school-focused Medicaid reimbursement program after muddy financial reporting raised red flags with federal agencies. The Department of Health and Social Services has asked for a legislative OK to balance its books by...
April 23rd, 2010 | Accountability, Health Care, Policy | Read More

Infrastructure “banks” no good for transportation funds

(The Heritage Foundation) Resistance to higher fuel taxes to fund failed state and federal transportation programs has encouraged President Obama, some Members of Congress, and transportation lobbyists to endorse a federal infrastructure bank to invest in highways and transit. Read the article <here>
April 22nd, 2010 | Policy | Read More
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