Gov. Bill Walker is proposing an array of measures to deal with the state budget gap caused by the decline in oil revenue.
The measures include spending cuts, a "modest income tax," increased motor fuel and alcohol and tobacco taxes, and more.
The governor also is looking to the oil, fisheries, mining and tourism industries to "contribute to the solution."
In fisheries, Walker has offered legislation to increase tax rates on seafood processors.
According to this fiscal note, the Department of Revenue estimates the higher fish taxes would raise an extra $18.3 million in fiscal year 2017.
Showing posts with label fiscal crisis. Show all posts
Showing posts with label fiscal crisis. Show all posts
Sunday, January 24, 2016
Saturday, January 23, 2016
UFA weighs in
United Fishermen of Alaska, the state's flagship commercial fishing group, is spelling out its policy position as legislators grapple with the state budget crunch.
Here are three UFA documents addressing key issues:
UFA resolution on state fiscal crisis
UFA resolution on state fisheries loan funds
UFA letter on Commercial Fisheries Entry Commission
Here are three UFA documents addressing key issues:
UFA resolution on state fiscal crisis
UFA resolution on state fisheries loan funds
UFA letter on Commercial Fisheries Entry Commission
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