The Anchorage Assembly and Mayor Dave Bronson’s administration are still in a disagreement over the 2022 municipal budget, and what should and should not be funded. However, it seems that the two sides are starting to reach a compromise.
“We’re going from the latter,” Frasca said. “We are working from the one that does not include the funds that the CFO could not certify, and so that is the budget from which we are working.”
All moneys actually in the treasury to the credit of the fund from which they are to be drawn and all moneys applicable to the payment of the obligation or appropriation involved that are anticipated to come into the treasury before the maturity of such contract, agreement or obligation from taxes, assessments, miscellaneous revenue or from sales of property, federal or state grants, and moneys to be derived from lawfully authorized bonds, for the purpose of such certificate shall be considered...
The assembly’s revenue projections proved more accurate than those from the mayor’s office. Zaletel said the mayor’s actions make the first quarter budget revisions tougher than they need to be. Frasca said that she didn’t recall the assembly getting into the “revenue projection business,” and that there is nothing wrong with the projection process that the municipality currently has in place. Others from the municipality that attended the work session said there is a lot of luck involved in projecting revenue at all.
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