Speaking now, I believe, is Barry Jackson, Retired State Procurement Officer, who's looking at a contract Tshibaka is the project manager on. He's pointing out that the prior experience requirements are biased.
The APOC hearing between Yes on 2 for Better Elections v. Defend Alaska Elections, alleging that Defend Alaska Elections has been constantly violating campaign finance law on several different levels, is underway.
And if oil revenue wasn't bad enough, Pitney says if the COVID-19 market crash lasts ONLY one year that the long-term impact on the state's POMV draw would be a $300M hit. And that's IF it returns to 7% returns.
That's because the draw is a rolling five-year average.
Dunleavy, whose budget cut the university by $136M: "What I'd like to say is the university is an integral part of the state. ... The university has been a beneficiary of the state for years. ... Some of us are still living in a belief of $85 to $90 per barrel oil." #akleg
Dunleavy says his Feb. 13 budget "has caused quite a conversation for the state."
He says it's about "a new funding reality for the state" and calls "the game in Juneau about how much funding we can get for services in our districts." #akleg
The Board of Regents is now back. President Johnsen is giving a presentation about the budget. "Yes, we enjoy huge public support ... but a simple majority is not enough and as a result uncertainty reigns and uncertainty is disabling the university in many ways." #akleg
Johnsen on financial exigency: "Given the very poor hand we have, it is the only tool available to us. ... None of us want to be here today." #akleg
Johnsen, rhetorically: "How can something so great, built by so many over so many years, be crippled by so few so quickly?" #akleg
UA Pres. Johnsen now going into budget presentation: "It assumes rationality and the news that we just heard put that assumption, upon which we built this presentation, into serious question. ... Everything is out the window." #akleg#akgov
Johnsen: "This is much more than a substantial reduction." #akleg
Johnsen: "This is twice the most extreme cut we expected." #akleg
The House State Affairs Committee is taking up a few bills. It already moved HR 11 renaming Saginaw Bay as Skanax Bay. Now onto two PFD-releaded bills. One would tie PFD size to oil revenue. Another would make PFD payments quarterly. #akleg
The first is HB132 by Rep. Wool. He says the PFD under the upcoming year would be about $1400 to $1500. "It's more reflective of the local Alaska economy than global Wallstreet economy." #akleg
That $1400 to $1500 would be based on a proposed amendment that'll be taken up at a different time. Until then, the bill's gonna get set aside. #akleg