Alaska commercial fisheries dodged bullet that would have removed millions of dollars from its budget
As Alaska lawmakers continue their struggle to keep the state afloat, commercial fisheries dodged a bullet that would have removed millions of dollars from its budget.
An obscure procedural action within the capital budget called a 'reverse sweep' prevents dozens of program-specific pots of money from being automatically drained into the budget reserve, as Governor Dunleavy aimed to do.
"The sweep is money that is not spent in a single year. In this case, it comes from certain sources, such as test fish receipts, commercial crew licenses and sale of Commercial Fisheries Entry Commission permit...
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