Just a quick reminder about the Spirit of Muldoon community picnic this Saturday, September 16th, at Creekside Park (7122 E 6th Avenue) from 1 to 4 p.m. This will be a great chance to catch-up with our friends and neighbors, and to celebrate our great community of Muldoon! There will be food, games, prizes, and much more!
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Just a quick update about a change in the location for the Spirit of Muldoon community picnic on September 16th: due to construction at the Chanshtnu Muldoon Park, the picnic will now be held at Creekside Park (7122 E 6th Ave). Please note this change in your calendar.
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I hope everyone has been having a good summer so far. Who can believe we’re more than half way through August!?! And that school started today!?! After those special sessions in Juneau, I am glad to be back home in our great community.
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Last week, the legislature passed SB23, the capital budget, authorizing state spending of $122 million for projects across the state. This was the smallest capital budget in years, and while I know this money is critical to maintaining Alaska’s essential infrastructure, I could not support the current form of the bill and had to vote ‘no’.
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Yesterday, the legislature called itself into session, quickly passed the capital budget, and adjourned. I will go into detail on the capital budget and talk about my vote on it in a forthcoming e-newsletter, but I mostly wanted to remind you about our first “Gabbing with Gabby” of this year.
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Late Saturday night, the legislature found compromise and passed HB111, ending cash payments to oil companies. This effort will save the state $150-200 million annually for the next 10 years. These cash payments incentivized exploration and production efforts, but paying the companies cash just didn’t make sense as we try to balance the budget and fill this $2.5’ish billion deficit. Instead, the companies can now recover their costs once fields go into production.
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