Walker unveils budget; Dunleavy names budget director

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Gov. Bill Walker unveiled the first “balanced budget” draft of his four-year term Nov. 26, but it will be up to Gov.-elect Mike Dunleavy to decide whether to implement it.

Walker didn’t release exact numbers, but according to figures presented to the Anchorage Chamber of Commerce and in a spreadsheet released to the Anchorage Daily News, his budget appears to increase state spending by about $330 million for the fiscal year that begins July 1.

That money would partially come from oil: The state is forecasting oil prices to average $76 per barrel during the current fiscal year, which ends June 30, and $75 per barrel next fiscal year.

Walker unveils budget; Dunleavy names budget director
Rick Rydell

Rick Rydell

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