News from the Alaska State Legislature, the Office of Senator Stedman
For Immediate Release: December 15, 2018

Senate Finance Co-Chairs Comment on Preliminary Budget

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ANCHORAGE – Today, co-chairs of the Senate Finance Committee, Senator Bert Stedman (R-Sitka) and Senator Natasha von Imhof (R-Anchorage), commented on Governor Mike Dunleavy’s preliminary Fiscal Year 2020 budget proposal.

“The Senate Majority understands that the governor's recent budget announcement was preliminary and a more detailed budget reflective of his administration will come forth in the next month or so,” said Sen. von Imhof. “We look forward to hearing more about how the Dunleavy administration plans to close the $1.6 billion deficit.”

The Dunleavy administration’s preliminary budget is based on $64 per barrel oil, down from $75 per barrel under former Governor Walker’s initial forecast. 

“We look forward to working with our past colleague and now new governor to fix the structural deficit and protect the Permanent Fund and dividends for future generations of Alaskans,” said Sen. Stedman.

For more information, contact Daniel McDonald at (907) 269-0147.

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