default avatar
Welcome to the site! Login or Signup below.
|
||
Logout|My Dashboard

Parnell signs budget bills, makes no vetoes

Print
Font Size:
Default font size
Larger font size

Posted: Wednesday, May 28, 2014 1:29 pm | Updated: 2:39 pm, Wed May 28, 2014.

JUNEAU, Alaska - Gov. Sean Parnell has signed budget bills totaling $12.8 billion for next year, saying the state is on sound financial footing.

Parnell said lawmakers had worked to reduce unrestricted general fund spending from more than $7 billion in 2014 to $5.9 billion for next year. The state still shows a budget deficit of $1.4 billion for next year, according to Parnell's budget office.

The deficit for the current year, which ends June 30, is $1.7 billion.

Parnell issued no vetoes, noting in a speech to an Anchorage Rotary group that lawmakers met a spending limit. He said he has worked with legislators to be "wise stewards" of the public treasury.

Total capital and operating spending authorized for 2015 is $12.8 billion. That compares to $13.2 billion for the current year.

© 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

More about

More about

Advertisement

www.walkerforalaska.com

Gubernatorial candidate, Bill Walker, is concerned that the state is in a ...

www.walkerforalaska.com

Fairbanks born candidate for governor, Bill Walker asks, "Is Fairbanks better...

Wes Madden 2014

Description

www.walkerforalaska.com

Bill Walker, candidate for governor, was born in Fairbanks before statehood. ...

Stanley Nissan Service

Stanley Nissan service