Finanance committee co-chair says state budget shrinking

Finanance committee co-chair says state budget shrinking
February 23, 2013 Logan Stolpe

JUNEAU, Alaska (AP) — A co-chair of the House Finance Committee says he’s working to lower expectations on the capital budget.

Rep. Bill Stoltze told reporters Friday there seems to be consensus that the budget will be much smaller than it’s been in the past.

He said he plans to work with House and Senate colleagues to craft a package that’s sustainable and reflects a whole different outlook on revenues.

The Chugiak Republican said projects that are sustainable and have very tangible benefits will rise higher on the list for inclusion.

He said there will be a higher hurdle for local projects, operating items and nonprofit concerns, the likes of which are often included. He said the focus will be more on infrastructure projects: larger, long-term projects with a greater statewide benefit and impact.

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