It’s no secret that Alaska has been spending beyond its means for years and that we are now facing a fiscal budget crisis. One way to address unnecessary state spending is by implementing a constitutional spending cap. Technically, Alaska already has a constitutional spending cap in place, but the formula used renders it basically meaningless. Since its enactment in the 1980s, the cap has done nothing to control growth of the state’s actual spending, even during years with our highest levels of revenue.
Join Alaska Policy Forum as we host a virtual event featuring Neil Steininger, the Director of the Office of Management and Budget in Alaska. He will share information regarding the existing constitutional spending cap and explain the potential budgetary impacts of the proposed revisions currently being discussed in the state.
This 45-minute webinar will take place on Thursday, March 11, at 12PM AKST/4PM EST. Click here to register and guarantee your spot in this important conversation about an effective spending cap.
About Our Guest Speaker
A lifelong Alaskan, Director Steininger earned a Bachelor of Science in Business Administration and Economics from the University of Nevada, Reno.
Over the past five years, he has held various roles at the Office of Management and Budget serving as Budget Analyst, Chief Budget Analyst, and most recently as the Administrative Services Director for the Department of Education and Early Development. His state experience includes the Department of Transportation and Public Facilities and Permanent Fund Dividend Division, and he worked previously in the private sector as an analyst.