Governor Parnell will unveil his budget proposal today at the Anchorage Chamber of Commerce at noon.
State representatives are expecting smaller operating and capital budgets. Speaker of the House Mike Chenault explained…
Speaker Chenault(R-Nikiski): “We know that the revenue stream is down, according to the revenue sources released yesterday, and so I’m hoping that he comes in with a more reasonable budget that we can work with.”
Last week the State announced a $2 billion drop in projected revenue. Chenault said he still hopes to see funding for education, fire departments and the Kenai Spur Hwy project.