Senator Berta Gardner

October 3, 2014

 
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Serving Midtown,
Spenard, and UMed

433 W. 4th Ave.
Anchorage, AK 99501
Call Me: 1-800-331-4930

Sen.Berta.Gardner@akleg.gov
alaskasenatedems.com/gardner
facebook.com/BertaGardner

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D.C. DELEGATION

Senator Mark Begich
907-271-5915
EMAIL: Sen. Mark Begich

Senator Lisa Murkowski
907-271-3735
EMAIL: Sen. Lisa Murkowski

Congressman Don Young
907-271-5978
EMAIL: Rep. Don Young

What’s Next for Alaska’s Fiscal Future?

Dear Friends and Neighbors,

Saturday Oct 4th event flyer

         The first session of the 29th legislature is in just a few months.  While there’s a lot happening as we prepare for session, I’m taking time this weekend to learn about an issue I think will be front and center next year: How to run the state on an extremely tight budget.

         Thanks to the wisdom of previous legislatures, Alaska has been well-poised to stare down a fiscal crisis and come out the other end strong. But, with savings dwindling, and a tax structure that continues to hamper operating budget sustainability, the situation has changed. Within just a few years, and without wild increases in oil production, Alaska’s enviable cash reserves will be depleted.

         Now is the time to measure how other states are doing in this same situation. How can we address the large cost-drivers in our budget? How can we grow our economy with shrinking capital budgets? What’s the best path forward to get us out of this fiscal mess?  Do we need to consider new revenue sources?  

         I’d like to invite you to a forum hosted by Alaska Commons, a non-partisan group dedicated to educating citizens about local and state issues.

Alaska's Fiscal Future

Going from Having It All to Having Less:

What Can - and Should - Alaska Do?

Wilda Marston Theatre, Loussac Library
3600 Denali Street
Saturday, October 4, 2014
9 a.m. to 5:30 p.m.

  • What does the long-term drop in oil production mean for the State of Alaska's budget, including spending on education?
  • How do the desires for big-ticket capital projects like natural gas pipelines, the Susitna-Watana hydro proposal, and the Knik Arm Bridge fit in with declining oil production?
  • How does the reduced flow of oil relate to the lack of general statewide taxes on individuals on the Last Frontier?
  • What happens to the Permanent Fund Dividend as oil production continues to decline?
  • Is the Permanent Fund itself in jeopardy?

         This forum looks at the timing and scope of the budget crunch and the possibilities, value preferences, and trade-offs involved in addressing it. Come hear from experts and ask your questions.

Updated Draft Agenda.

A Crude Awaking for Alaska from Ian Laing on Vimeo.

         Let us know you're coming, RSVP to info@akcommonground.org

         Lunch will be available for $15, or you can bring your own. So that we can make sure to have enough lunches, please prepay using the PayPal option below, email us, or send a check to Alaska Common Ground, PO Box 241672, Anchorage, AK 99524. 

         Make sure to include your name and sandwich preference.

         RSVP and lunch purchase not required to attend, but greatly help us plan for the event.

         The Forum is presented in partnership with ISER. Cosponsored by Anchorage Public Library, League of Women Voters of Anchorage, League of Women Voters of Alaska and Commonwealth North.

         I’m Berta and I’m still listening,

         If you have any questions, please feel free to contact my office

signed: Berta

 

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