Business Intelligence
Governor cites lower oil prices in budget plan Gov. Mike Dunleavy submitted former Gov. Bill Walker’s proposed $11.5 billion FY 2020 budget on Dec. 15 as a “placeholder” to meet the statutory deadline for submitting a budget. The full 2018 revenue forecast was also released, but there differences with the preliminary forecast released by Walker two weeks earlier, just before Dunlevy took office. The Dec. 15 budget assumes a $64-per-barrel average oil price for Fiscal 2020, the budget year beginning…