State Suggests New KABATA Finance Strategy

The state is suggesting another tactic in financing the Knik Arm Crossing. Plans for a bridge linking Anchorage and the Matanuska Susitna Borough hit a snag earlier this year, when the state legislature reacted negatively to an audit indicating that toll projections for the first years after the bridge’s completion are too “optimistic.” State lawmakers had also failed to approve the creation of a state reserve to cover shortfalls in the toll revenues that project supporters say will pay for bridge construction.

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APTI Reporter-Producer Ellen Lockyer started her radio career in the late 1980s, after a stint at bush Alaska weekly newspapers, the Copper Valley Views and the Cordova Times. When the Exxon Valdez ran aground in Prince William Sound, Valdez Public Radio station KCHU needed a reporter, and Ellen picked up the microphone. Since then, she has literally traveled the length of the state, from Attu to Eagle and from Barrow to Juneau, covering Alaska stories on the ground for the AK show, Alaska News Nightly, the Alaska Morning News and for Anchorage public radio station, KSKA elockyer (at) alaskapublic (dot) org  |  907.550.8446 | About Ellen

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