• World Cafe10:00 pm to 12:00 am

Menu Schedule Links

Signal Status

There are currently no events to display.

Anchorage Faces $30 Million Budget Gap

By | August 21, 2012 - 5:17 pm

Anchorage Mayor Dan Sullivan says the city is facing a $30 million budget gap.

Speaking to the Anchorage Chamber of Commerce Monday Sullivan says that is the amount needed if the city expects to have the same size of government next year.

The mayor says more than half of the $30 million is due to increased labor costs. The mayor says the city also expects to pay $4.5 million more this year into the police and fire pension fund.

Sullivan says there will be major expense cuts. He says it is hard to say at this point what could occur as far as city layoffs.

The administration is expected to present its 2013 financial plan to city assembly members by Oct. 1. The city operating budget for 2012 is $454.6 million.

Listen for the full story

Download Audio

You can subscribe to APRN’s newsfeeds via email, podcast and RSS. Follow us on Facebook at alaskapublic.org and on Twitter @aprn.

Comments

Please read our comment guidelines.