Issue Papers

Anchorage Chamber Resolutions
  • In support of Alpine Satellites Draft EIS 
    Alternative A
    Resolution 2003/04-11
  • In opposition to Taxing or Requiring a Dividend From the Alaska Railroad
    Resolution 2003/04-10
  • In support of the Military's intention to fence 34 miles of Fort Richardson's boundaries inside the Municipality of Anchorage
    Resolution 2003/2004-01
  • In Support of Bond Proposition C on the November 5, 2002 Ballot ($236,805,441 of State General Obligation Bonds for Education Projects) Resolution 2002/03-08  
  • In Support of Bond Proposition B on the November 5, 2002 Ballot ($226,719,500 in bonds for transportation projects) Resolution 2002/03-07
  • In Support of Bond Proposition A on the November 5, 2002 Ballot ($500,000,000 of state-guaranteed AHFC bonds for veterans home loans) Resolution 2002/03-06
  • In Opposition of Ballot Measure 3 on the November 5, 2002 Ballot (Initiative to Establish an Alaska Natural Gas Development Authority) Resolution 2002/03-05
  • In Opposition of Ballot Measure 1 (Calling of a Constitutional Convention to Rewrite Alaska ’s Sta te Constitution) Resolution 2002/03- 04
  • In Support of Programmatic Action to Initiate a Knik Arm Crossing Project Re solution 02/03-03

  • In Opposition to Shifting the Costs of Water Deliverability for Fire Suppression From Taxpayers to AWWU Water Customers
    Resolution 02/03-02
  • In Support of Exploration and Development of Natural Gas Resources in the Kenai National Wildlife Refuge
    Resolution 02/03-01

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In Opposition of Ballot Measure 1 (Calling of a Constitutional Convention to Rewrite Alaska’s State Constitution) Resolution 2002/03- 04

WHEREAS as required by Article XIII, section 3 of the Alaska State Consti­tu­tion, the question “Shall there be a Constitutional Convention?” will appear on the ballot in the general election on November 5, 2002; and

WHEREAS a constitutional convention, if called, would have plenary power to re­write the state constitution entirely, or to amend or rewrite any portion or por­tions of it, as a simple majority of the con­vention may see fit — subject to ratification by a vote of the people at the first general elec­tion held after the convention; and

WHEREAS under present law candidates seeking election as delegates to a con­stitutional con­ven­tion would be nominated by petitions signed by 200 qual­i­fied Alaskan voters, and all candi­dates would run on a nonpartisan basis; and

WHEREAS Alaska’s present election campaign laws would not apply to the gathering of signa­tures for nominating petitions of constitutional-delegate candidates, which would open the door for special-inter­est groups to field numer­ous candidates by gathering signatures for their candi­dates’ nomi­nating petitions without having to disclose the identities of the special interests behind those can­didates; and

WHEREAS the Alaska State Constitution does not require a con­sti­tutional convention to sub­mit its various proposed amendments and revi­sions as separ­ate matters to be voted on, and it could instead “package” its changes as a single proposition to be voted on — which could en­courage dele­gates to engage in “log roll­ing” to get otherwise unpopu­lar pro­visions included in a “pack­age” of constitu­tional changes expected, on balance, to be popular with the voters; and

WHEREAS Alaska ’s present laws governing lobbying of the legislature would not apply to the lobby­ing of delegates at a constitutional convention; and

WHEREAS the costs of holding a constitutional convention are not known, but may reasonably be expected to run into the millions of dollars; and

WHEREAS there is no need to call a constitutional convention at this time be­cause, even though there may be several important constitutional amendments that should be pro­posed by the legisla­ture, none of them is so comprehensive as to constitute a revision of the constitution that only a consti­tu­tional convention could propose; in other words, the legis­lature is fully empowered under the present constitution to propose the necessary amend­ments to deal with the major constitu­tion­al issues fac­ing Alaska today;

NOW THEREFORE BE IT RESOLVED, by the Board of Directors of the Anchorage Chamber of Commerce that the Board opposes calling a state constitutional convention this year and re­commends that Chamber members vote “no” on the proposition “Shall there be a Constitutional Convention?” appearing on the ballot for the general election on November 5, 2002, and will in­form the Chamber’s member­ship of this Resolution, and of the Board’s rea­sons for adopting it;

BE IT FURTHER RESOLVED, that the Chamber will issue a press release and public announce­ment of this Resolution, and send copies of it to the other chambers of commerce in Alaska and the press.

Approved this 18th day of October, 2002.

In Support of Programmatic Action to Initiate a Knik Arm Crossing Project Resolution 02/03-03

WHEREAS in the past two decades, Alaska’s population and demand for services has grown by over 50%, with the transportation and freight industries expanding at least commensurately, but construction of transportation infrastructure has lagged well behind; and

WHEREAS over 80% of the consumer goods and supplies for the state are received through the Port of Anchorage and construction of a Knik Arm Crossing could: (1) provide a much needed alternative transportation route to expedite and facilitate timely distribution of goods and products throughout the state, (2) enhance the efficiency and effectiveness of operations at the Port of Anchorage and Port MacKenzie, and (3) reduce the cost of goods by reducing product transportation costs; and       

WHEREAS a Knik Arm crossing could provide a valuable and much needed link in the transportation infrastructure that would directly serve not only southcentral Alaska and the rail belt , but the entire state, and would provide an intermodal link that would enhance the ability of the state to serve and compete in both domestic and international markets; and

WHEREAS construction of this crucial link will provide unparalleled economic stimulus and afford statewide development opportunities that will benefit all Alaskans; and

WHEREAS the scope of this effort is so broad that the full economic and development impact and the impact on the tax base bases of many communities throughout the state cannot be foreseen or forecasted at this time but will unfold as various stages of the program are undertaken;

NOW THEREFORE BE IT RESOLVED, that the Anchorage Chamber of Commerce Board of Directors supports action leading to possible construction of a Knik Arm crossing that would begin with completion of a broad and comprehensive security and economic analysis as part of the environmental impact study.     

BE IT FURTHER RESOLVED, that this body supports inclusion of Congressional funding to pursue possible development of a comprehensive study in the reauthorization of the Transportation Equity Act for the 21st Century.

  Approved this 18th day of October, 2002.

In Opposition to Shifting the Costs of Water Deliverability for Fire Suppression From Taxpayers to AWWU Water Customers
Resolution 02/03-02

WHEREAS the Mayor has submitted to the Anchorage Assembly a proposed ordinance, A/O 2002-146, to allow the Anchorage Water & Wastewater Utility (AWWU) to seek regulatory approval from the Reg­u­latory Commission of Alaska (the RCA) to remove the Anchorage Fire Department (AFD) from the cate­gories of water customers for AWWU, so that the costs for AWWU’s capacity to supply ample water to fight fires would be borne — not by taxpayers in the Fire Service Areas as is currently the case — but by water customers of AWWU, and in particu­lar, those that cur­rently benefit through lowered in­surance rates because of the nearby availability of water from AWWU to fight fires; and

WHEREAS fighting fires is an essential governmental function for the benefit and protection of the general public, not just the customers of any particular utility; and accordingly, the costs of fight­­ing fires, including the costs of supplying water to fight them, should be borne by taxpay­ers in the entire service area where AFD provides its fire-suppression service, the same as taxpay­ers pay for the costs of public schools even though not all taxpayers have children in school; and

WHEREAS all residential and commercial property owners within 1,000 feet of a public fire hydrant benefit from lowered fire insurance costs as a result of their proximity to that hydrant, whether they are water customers of AWWU or not; but under the proposed ordinance the only parties being so benefited who would pay the costs for the water supply giving rise to those bene­fits would be the AWWU water customers, and not the other beneficiaries with similar proximity to a public fire hydrant who have their own wells or get the water they use from some­one other than AWWU; and

WHEREAS the proposal is unlikely to increase AFD’s readiness and fire-suppression capability, be­cause none of AFD’s budget savings from this proposal will be earmarked  to increase the num­ber of firefighters, equipment or facili­ties beyond what they would already be with­out this pro­pos­al; and

WHEREAS the notion of making the customers of utility companies bear the utility costs in­curred for the government, instead of having taxpayers bear those costs, is poor public policy and unfairly shifts part of the cost of public governance from the public at large to those private par­ties who happen to be customers of the utilities involved; and

WHEREAS the public policies for providing tax-exemptions to qualifying charitable and non-profit organizations and institutions would be undercut by the proposal, because a cost now being paid for by taxpaying organizations and institutions would be shifted to charities and non-profits if they are water customers of AWWU;

NOW THEREFORE BE IT RESOLVED, by the Board of Directors of the Anchorage Chamber of Commerce that the Board opposes the ordinance introduced by the Mayor and urges the Municipal Assembly not to enact that ordinance or anything substantially similar to it;

BE IT FURTHER RESOLVED, that the Chamber will issue a press release and public announce­ment of this Resolution, and will send copies of it to Mayor Wuerch, to each member of the Munici­pal Assembly, to Chief Fullenwider of the Anchorage Fire Department, and to AWWU;

BE IT FURTHER RESOLVED, that the Chair, or another Chamber representative authorized by the Board for such purpose, will appear before the Municipal Assembly to testify on behalf of the Anchorage Chamber of Commerce against the proposed ordinance during the period for public testimony on it;

BE IT FURTHER RESOLVED, that the Chamber will inform its membership of this Resolution, of the Board’s reasons for adopting it, and of the importance for individuals who are concerned one way or the other about the proposal to make their opinions known to the members of the Assembly and to testify to the Assembly during the period for public testimony on the proposed ordinance;

Approved this 4th day of October, 2002.

In Support of Exploration and Development of Natural Gas Resources in the Kenai National Wildlife Refuge
Resolution 02/03-01

WHEREAS the residents and business community of Anchorage — like residents on the Kenai Peninsula and in the Rail belt — depend for their very lives and livelihood on having sufficient sup­plies of natural gas available at all times to heat their homes and buildings and generate the elec­tricity they need; and

WHEREAS Unocal (also known as Union Oil Company of California) is proposing to develop the long undeveloped natural gas field in the Birch Hills Unit and to explore for and, if success­ful, develop satellite prospects for new reserves of natural gas located to the east of the Swanson River field and another satellite to the north between the Swanson River field and the Birch Hills Unit; and

WHEREAS all the lands involved in Unocal’s proposed natural gas exploration and development project lie within the Kenai National Wildlife Refuge, and as part of the process to obtain the necessary federal permits for Unocal’s project to move forward, a draft Environmental Impact Statement (DEIS) has been prepared and the United States Fish and Wildlife Service (USF&WS) is receiving written public comments on the project and the DEIS for it until October 1, 2002; and

WHEREAS oil and gas exploration and production operations have been conducted successfully in the Kenai National Wildlife Refuge since the mid-1950s without significant adverse effects on the wildlife there; and

WHEREAS the proven natural gas reserves in the Kenai Peninsula / Cook Inlet area have for years been, and still are being, depleted at a faster rate than they are being replaced by new dis­coveries and development, and as a consequence it is likely that in just a few years the productive capacity of the currently developed fields could become inadequate to meet the peak demand for natural gas by all residential, commercial and industrial consumers; and

WHEREAS projects like Unocal’s are vital for the continued safety and well-being of Alaskans from Homer to Anchorage and up the Rail belt all the way to Fairbanks , because of their reliance on natural gas as fuel for their homes and businesses and for electrical generation;

NOW THEREFORE BE IT RESOLVED, by the Board of Directors of the Anchorage Chamber of Commerce that the Board supports Unocal’s proposed development of the Birch Hills Unit and its proposed project to explore for and develop new natural gas reserves to the east of the Swan­son River field and to the north between that field and Birch Hills;

BE IT FURTHER RESOLVED, that the Chamber will issue a press release and public announce­ment regarding the adoption of this Resolution, will transmit a copy of it to the USF&WS by Octo­ber 1, 2002 for inclusion as part of the public record in the USF&WS’s present public com­ment period on the project and the DEIS for it, and will send copies of it to the Mayors and As­sem­blies of the Kenai Peninsula Borough, the Matanuska-Susitna Borough and the Municipality of An­chor­age, as well as to the members of Alaska’s Congressional Delegation, the State Cham­ber of Commerce, the Eagle River Chamber of Commerce, and the local chambers of com­merce in the Kenai Peninsula and Matanuska-Susitna Boroughs.

Approved the 20th day of September, 2002.

Resolution In Support of Expedited Completion of the East Anchorage Study of Transportation
Resolution 01/02-19

WHEREAS Anchorage is a vital transportation hub to the region, the state and the nation; and

WHEREAS Anchorage ’s street and road network support the economic needs of a large civilian and military population; and

WHEREAS this population is highly dependent on the efficient movement of goods and services; and

WHEREAS Anchorage has witnessed a substantial increase in population, automobiles and residential development which have adversely impacted its transportation network; and

WHEREAS, with the recent emphasis on homeland security, Anchorage ’s transportation system needs to be upgraded to keep pace with the increased demand on our military personnel and their installations; and

WHEREAS the East Anchorage Study of Transportation, which will analyze, identify and recommend long- and short-term transportation solutions for a large portion of Anchorage, is currently underway; and

WHEREAS the completion of this study will expedite the start of long-needed transportation projects that will greatly improve Anchorage ’s transportation network;

NOW THEREFORE BE IT RESOLVED, by the Board of Directors of the Anchorage Chamber of Commerce that the East Anchorage Study of Transportation be expedited and completed as soon as possible.

Approved this 5th day of April, 2002.

In Support of a Constitutional Amendment to Make the Permanent Fund an Endowment Resolution 01/02-18

WHEREAS, the Alaska Permanent Fund was established in the Alaska Constitution as a means of preserving some of the one-time wealth of Alaska’s petroleum resources so that it will be available to the state in meeting the needs of future generations of Alaskans as well as those of the present genera­tion; and

WHEREAS, the Constitution provides that the “income” from the Permanent Fund is to be deposited into the state General Fund, but present statutory law defines the Fund’s “income” in terms of realized earnings and gains and losses from the investment of the Fund; and

WHEREAS, the present statutory definition of the Fund’s “income” is deficient for at least two reasons — one, market gains and losses on the Fund’s investments are just as real for the Fund whether they are “realized” (in the sense that the investments are sold for a gain or loss) or “unrealized” (in the sense that the Fund has not liquidated those investments), and so it makes no sense to make a distinction between them; and two, the “realized” income standard could allow the Fund’s managers to artificially manipulate and distort the Fund’s income by liquidating investments that have a gain while deferring the sale of those investments that would show a loss; and

WHEREAS, the Trustees of the Alaska Permanent Fund Corporation have proposed an amend­ment to the Alaska Constitution to make the Fund an endowment for the state, by making a specified per­centage of the Fund’s market value available for the state to use each year, instead of defining the avail­able money in terms of the Fund’s realized income; the Trustees specifically propose that this per­centage be five percent of a rolling average of the Fund’s year-end market value for the previous five years; and

WHEREAS, in addition to foreclosing any possibility of manipulating the amount of the Fund’s realized income, the Trustees’ proposed amendment would automatically protect the Fund from inflation since they believe they can invest the Fund so as to realize a 5% return over and above the rate of infla­tion over the long term; and

WHEREAS, amending the Alaska Constitution to make the Permanent Fund an endowment as the Trustees have proposed would not in itself affect how the money from the Fund could be appropri­ated by the Legislature;

NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Anchorage Chamber of Commerce that they support an amendment to the Alaska Constitution making the Permanent Fund an endowment for the state as proposed by the Permanent Fund Trustees; and

BE IT FURTHER RESOLVED that the Board of Directors opposes any proposal to expand the scope of the Trustees’ proposed constitutional amendment so as to require the payment of Permanent Fund Dividends or any similar specific use of money from the Permanent Fund under the Alaska Con­stitution; and

BE IT FURTHER RESOLVED, that the Anchorage Chamber inform its membership of the passage of this resolution and also inform the Governor, the members of the Legislature, the news media and the other chambers of commerce and similar organizations in Alaska .

  Approved this 15th day of March, 2002.

Calling for Action This Legislative Session to Enact a Phased-in Suite Of Revenue Measures to Solve the State’s Fiscal Gap Permanently Resolution 01/02-17

WHEREAS the latest forecast by the Alaska Department of Revenue (DOR) predicts that state spending for the current Fiscal Year (FY 2002), which ends this June 30, will exceed state reve­nues by $0.86 billion, and that this deficit will exceed a billion dollars a year next year and each year there­­after unless something is done about it; and

WHEREAS the State can only solve its fiscal gap permanently by taking action on the revenue side of the budget equation, in­clud­ing the use of annual earnings of the Permanent Fund and/or state taxes; this is because —

(a)     actions to limit the spending side of the equation, even if they are man­dated by a constitutional amendment, cannot and will not fill the fiscal gap all by themselves because of obligations (such as public education and the criminal justice system) that the State must con­tinue to fulfill under federal law and under other pro­visions of the Alaska Con­stitution; and

(b)     we cannot grow our way out of the fiscal gap:  under Alaska’s present fiscal system, the government’s success in growing the econ­omy actually puts it deeper in the hole fiscally because each new private-sector job that is created causes demand for addi­tional government services such as public educa­tion, police and fire protection, etc. which cost more than the additional taxes paid with respect to that job, and this is true even in the petroleum sector unless the new job is necessary for additional oil and gas production; and

WHEREAS $2.8 billion remains in the Constitutional Budget Reserve Fund (CBR), which represents (at a 5% return) $140 million a year that would be available forever to help bal­ance the budget and reduce other actions that will inevitably have to be taken on the revenue side of the budget equation; but if the CBR continues to be drawn down to fill the current and pro­ject­ed deficits, DOR predicts that the CBR will be com­pletely depleted in the August – Octo­ber 2004 timeframe, and even sooner if oil prices end up being below projections; and

WHEREAS legislative action this year on the revenue side of the state budget equation could extend the CBR, preserve its potential to contribute to a permanent solution of the fis­cal gap, and reduce the other actions that will otherwise be needed on the revenue side of the equa­tion in order to get it balanced; and

WHEREAS the economic impact on individual Alaskans and businesses will be less severe if the State’s actions on the revenue side of the budget are phased in over several years, instead of taking no actions on the revenue side until they become unavoidable and have to be taken all at once;

NOW THEREFORE BE IT RESOLVED, by the Board of Directors of the Anchorage Cham­ber of Commerce, that the Legis­lature and Executive are hereby urged — in addition to acting to reduce state spending and to make government more effective and efficient — to enact into law during this Legislative Session a suite of revenue measures to be phased in more or less equal­ly this year and the next year or two, so that the state budget will end up being balanced and so that the adverse impacts of those measures on the econ­omy and on individual Alaskans and busi­ness­es will be materially less severe than they would be if there is no phase-in; and

BE IT FURTHER RESOLVED, that the Anchorage Chamber of Commerce calls upon the other chambers of commerce in Alaska and similar organizations to join it in seeking enact­ment this year of such a phased-in suite of revenue measures to balance the budget; and

BE IT FURTHER RESOLVED, that the Anchorage Chamber inform its membership of the passage of this resolution and also inform the Governor, the members of the Legislature, the news media and the other chambers of commerce and similar organizations in Alaska .

Approved this 15th day of March, 2002

In Support of Long Term Fiscal Stability
Resolution 01/02-9

WHEREAS the health of Alaska’s economy is significantly tied to the stability of the State of Alaska’s revenues and spending; and

                WHEREAS all forecasts project, if nothing is done, that the state is not expected to have sufficient revenues to support a stable level of spending and that the reserve fund that currently props up spending will be exhausted in approximately one to two years;

                NOW THEREFORE BE IT RESOLVED, that the Anchorage Chamber of Commerce Board of Directors urges the Governor and Legislature to jointly develop and implement a strategy that will provide fiscal certainty for Alaska’s economy and future by matching spending and recurring revenues; and

                BE IT FURTHER RESOLVED, that the Anchorage Chamber of Commerce Board of Directors encourages the Governor and Legislature to incorporate the following elements into the long-term strategy:

               Continue to evaluate the effectiveness of state services within a “results-based government” framework and eliminate those that are inadequate, ineffective, or inefficient.

               Contract with the private sector for delivery of appropriate state services in instances where savings can be realized and/or increased productivity achieved.

               Implement structural process changes that can result in financial savings and/or productivity increases, such as a biennial budget.  

               After an appropriate level of effective state services has been established, identify sufficient revenues to support government services over the long term. All potential revenues should be evaluated in terms of their impact on Alaska’s long term growth. New revenues and tools should be used in the following order:                 

1.        Use a portion of the current Permanent Fund earnings. 

2.        Maintain an appropriate balance in the Constitutional Budget Reserve Fund and use it as a “shock absorber” against oil price fluctuations.

3.        Use debt, as appropriate to finance the state’s infrastructure needs on a long-term, systematic basis.

4.        Implement broad-based taxes and/or increase consumption taxes that are fair, equitable, and encourage economic development.

                BE IT FURTHER RESOLVED that copies of this resolution be sent to the Governor, members of the Legislature, the Anchorage Mayor and Assembly, the Alaska State Chamber of Commerce, and other local chambers of commerce.

  Approved this 15th day of February

In Support of Placing a Subsistence Constitutional  Amendment On the 2002 General Election Ballot Resolution 01/02 - 7

WHEREAS, under Federal Law (ANILCA, Title VIII) a rural subsistence priority on federal lands and waters in Alaska is already the law of the land; and

WHEREAS, because the Alaska State Constitution does not allow the rural subsistence priority required for full state management on federal lands and waters, the federal government took over the management of game on federal lands, resulting in a management system that is inefficient and confusing; and

WHEREAS, the federal government, under court order, also took over the management of fishery resources for subsistence on federal lands and waters in Alaska on October 1, 1999 ; and

WHEREAS, the impact of federal management on our important sport and commercial fisheries is uncertain, but potentially damaging because the Federal Government may not strike the same balance between subsistence and other uses as state management would; and

WHEREAS, federal actions aimed at protecting subsistence fishing will eventually restrict commercial and sport fishing; and

WHEREAS, the State of Alaska can prevent further federal takeover of fishery resource management and undo the federal takeover of game, by amending the State Constitution and passing new statutes so as to allow a rural subsistence priority consistent with Federal law; and

WHEREAS, Congress should also enact important definitional changes to ANILCA to help with interpretation and enforcement of the Federal law; and

NOW THEREFORE BE IT RESOLVED that the Anchorage Chamber of Commerce urges the Alaska Legislature to present to the voters of Alaska a subsistence priority constitutional amendment in the 2002 general election, and subsequently enable implementation by enacting appropriate state laws consistent with the amendment and Federal law; and

BE IT FURTHER RESOLVED that Congress should enact important definitional changes to the federal law, including “rural”, “customary and traditional”, “customary trade, and “barter”; and  

BE IT FURTHER RESOLVED that the Anchorage Chamber of Commerce calls on other Chambers of Commerce and organizations to join with it in urging the Alaska Legislature and the Congress to work constructively toward resolving this rural subsistence priority issue in 2002.

Approved this 4th day of January, 2002.

In Support of a Community-Wide Economic Development Plan Resolution 01/02 – 6

WHEREAS, the Anchorage Chamber of Commerce and the Anchorage Economic Development Corporation (AEDC) have worked cooperatively to develop a process to create and implement a new approach to economic development in the Municipality; and

WHEREAS, the Mayor of Anchorage, at the request of the Anchorage Chamber of Commerce and with the support of AEDC, has created a committee to develop this new approach; and

WHEREAS, this committee is made up of virtually all parties and agencies in Anchorage who have recently been deliberating on furthering economic development activities for the benefit of the business community; and

WHEREAS, committee plans call for a major study of the economic development environment in the community; and

WHEREAS, this study is to be funded by public and private contributions; and

WHEREAS, the Anchorage Chamber of Commerce has contributed $25,000 to this community-wide effort; and

WHEREAS, economic development is of great consequence to the future success and health of the business environment in the Municipality of Anchorage and said success inures to the benefit of our members;

NOW, THEREFORE, BE IT RESOLVED by the Anchorage Chamber of Commerce:

1.         That all parties who worked to create this community-wide effort are to be complimented.

2.         That this Chamber strongly supports the efforts of the Anchorage Economic Development Committee.

3.                  That this Chamber eagerly awaits the study results and promulgation of a plan that enhances economic development activities in Anchorage.

4.                  That this Chamber firmly believes that appropriate measures of merit must be included in the economic development plan to facilitate assessment of progress toward plan objectives.

5.                  That this Chamber encourages participation by our members to include contribution of time and money to insure the success of the undertaking.

  Approved this 4th day of January, 2002.

In Support of a Stable Municipal Operating Budget Policy
Resolution 01/02-05

WHEREAS, more than 95% of the Municipality’s revenue is recurring and reliable; and

WHEREAS, remaining revenues to support the general operating budget often come from applied fund balances, a much less reliable and consistent source of funds; and

WHEREAS, the amount of applied fund balance used to supplement recurring revenue during the last ten years has varied dramatically, ranging from $5.7 million to $20.2 million; and

WHEREAS, the Municipality’s bond rating depends, in large measure, on the amount and demonstrated long-term stability of available fund balances; and

NOW THEREFORE BE IT RESOLVED, that the Anchorage Chamber of Commerce supports a transition to a more stable, mature, predictable fiscal policy in developing the municipal general operating budget; and

BE IT FURTHER RESOLVED, that this body endorses a policy of using applied fund balance primarily to support non-recurring, one-time expenses; and

BE IT FURTHER RESOLVED, that the goal of future general operating budgets should be to limit spending to a level that that can be supported by recurring revenues.

  Approved this 16th day of November, 2001

In Support of Regional Energy Plan Development to Address Future Southcentral Energy Needs - Resolution 01/02-2

WHEREAS, Anchorage Economic Development Corporation, inter alia, have conducted a study and produced A Review of Cook Inlet Natural Gas Supply and Demand; and

WHEREAS, the aforementioned report indicates that Cook Inlet natural gas supplies have a finite life and the end is in sight; and

WHEREAS, meeting peak demand for natural gas will become more difficult near the middle of this decade; and

WHEREAS, future natural gas discoveries in Cook Inlet are likely to be from smaller fields; and

WHEREAS, numerous alternative sources of energy are available albeit at higher cost; and

WHEREAS, curtailment of industrial usage of natural gas would adversely affect the economy while resolving the near term utility shortfall; and

WHEREAS, statewide planning is underway for marketing North Slope natural gas to the Lower 48;

NOW THEREFORE BE IT RESOLVED,