Unveiling budget, mayor says it’s likely Anchorage can evade major cuts for only 1 more year
Anchorage Mayor unveiled a draft budget that avoids major cuts for one year by using one-time funds and eliminating vacancies, though a larger deficit is expected in 2028.
The 2027 draft budget relies on eliminating vacant positions and one-time funding sources to close a $15 million deficit. The shortfall could double in 2028.
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