Alaska

Alaska Railroad’s bonds appear to be safe despite uncertainty surrounding federal grants that back them, according to reports.

Alaska Gov. Sean Parnell vetoed $66 million from the budget passed by the Legislature in April, much less than in the past two years, according to local reports.

Alaska’s Legislature ended a special session early without any action on a gas pipeline bill or on a proposal by Gov. Sean Parnell to lower oil taxes.

Alaska lawmakers adjourned their annual session Monday, only to have Gov. Sean Parnell call them back to Juneau for a special session that began Wednesday.

The Alaska Senate passed a a $2.6 billion capital budget Wednesday that includes $450 million of bonds.

Alaska Railroad Corp.'s $135 million of bonds backed by federal transportation funds have been endangered by recent legislation. That risk prompted Moody's Investors Service to downgrade the debt on Thursday to A2 from A1.

The Alaska Railroad faces a big budget cut from the U.S. Senate that could potentially put railroad bonds in jeopardy, news reports say.

Alaska’s Knik Arm bridge project has run into hurdles in the Legislature over $150 million of early funding for the controversial public-private toll crossing.

Standard & Poor's has raised Alaska's general obligation debt rating to AAA from AA-plus because of a change in the state's financial management methods.

The Anchorage Assembly voted Tuesday to limit to 1% a property tax hike to support its school district in the next budget.

Anchorage will drop its lawsuit against the Knik Arm Bridge and Toll Authority, which is proposing a controversial public-private toll bridge project, according to published reports.

Federal investigators are auditing a billion dollar expansion project at the Port of Anchorage amid huge cost overruns, published reports say.

The Knik Arm Bridge and Toll Authority, which is proposing a controversial Alaska public-private partnership toll bridge project, may need more funding from the state if toll revenues fall short, according to local press reports.

SAN FRANCISCO - A controversial Alaska public-private partnership toll bridge project has moved a step ahead this month despite years of hurdles.

Alaska officials presented a report to the Legislature on Tuesday outlining plans for a $7.5 billion, 700-mile natural gas pipeline.

Local fisherman in Fairbanks don't have as many fish stories as they expected, because of problems with a bond-funded hatchery.

SAN FRANCISCO — Alaska’s governor and lawmakers are at loggerheads over a proposed budget, except unlike in most other states, this debate is over what to do with extra cash.

Gov. Sean Parnell wants to tinker with Alaska’s cash cow, offering lower tax rates on petroleum production in the hope of attracting more investment from oil companies.

ALAMEDA, Calif. — Alaska’s Knik Arm Bridge and Toll Authority announced last week that the Federal Highway Administration has released a formal record of decision approving the route it has planned for its planned Knik Arm Crossing bridge project.

ALAMEDA, Calif. — Alaska officials have nailed down their preferred location to build a $5 billion hydroelectric dam project that will require significant state subsidies and is also likely to utilize some form of municipal debt financing.