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Dunleavy Says Alaska’s Balanced Budget Is Due To Higher Oil Prices And Stronger Production - Radio Kenai

Gov. Dunleavy Says Alaska’s Balanced Budget Is Due To Higher Oil Prices And Stronger Production

Anthony Moore

3 years ago

Following up on the release of the Fiscal Year 2023 budget for Alaska on Wednesday, Gov. Mike Dunleavy promotes the state’s economy as it continues to recover from the COVID-19 pandemic. He said that the improved revenue outlook means that Alaska has the freedom to continue strengthening essential state services and programs that make meaningful differences in the quality of life for all Alaskans.

Gov. Dunleavy appeared on Fox Business with Neal Cavuto to talk about the state’s balanced budget due to higher oil prices and stronger production:

Watch the latest video at foxbusiness.com

Gov. Dunleavy in the press conference Wednesday said that his proposed budget continues the trend of less state spending since he came into office, putting Alaska on track to rebuild and thrive in Fiscal Year 2023 and into the future:

“This administration inherited a budget when elected that had a $1.6 billion deficit. The proposed budget of $4.6 billion of unrestricted general funds in FY23 is approximately 7% less than the inherited budget in FY19. We’re on track to finish the current fiscal year with a surplus for the first time since FY12.”

Click here for more on Gov. Dunleavy’s proposed FY23 budget.

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