Revising the State Fiscal Plan to Account for Petroleum Wealth

Authors

• Oliver Scott Goldsmith

Files

Description

In 2008 the Alaska Legislature passed and the governor signed into law a bill requiring the Office of Management and Budget (OMB) to prepare an annual state fiscal plan projecting state spending for 10 years and identifying the revenue sources to pay for that spending. One objective of the law was to get government and the general public thinking, discussing, and planning for the long-term fiscal health of the state in light of declining oil production. These plans have not attracted the attention they deserve. In this Web Note we review the most recent fiscal year 2012 10-year plan and offer suggestions for improvement.

Publication Date

5-17-2011

Recommended Citation

Goldsmith, Oliver Scott, "Revising the State Fiscal Plan to Account for Petroleum Wealth" (2011). Reports. 52.
https://scholarworks.alaska.edu/uaa_iser_reports/52

Handle

http://hdl.handle.net/11122/4135