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Alaska

TexasTowelie

(118,426 posts)

2. Actually they had to make some substantial cutbacks due to the collapse of oil prices.

Reply to napi21 (Reply #1)

Wed Sep 7, 2016, 12:46 AM

Sep 2016

They also cut the maximum check from the Permanent fund to $1,000 when it was over $2,000 a couple years ago. If I remember correctly there credit rating was cut earlier in the year. They are not in good financial shape, I've posted several other articles in the Alaska Group that have more details of their financial crisis.

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Alaska lawmakers shut down regional offices on Friday afternoons to save money [View all] TexasTowelie Sep 2016 OP

WHY is Ak. hunting for money? I was under the impression that because of the oil, napi21 Sep 2016 #1

Actually they had to make some substantial cutbacks due to the collapse of oil prices. TexasTowelie Sep 2016 #2