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Goldsmith, Scott; And Others – 1990
The State of Alaska spends 75% of its operating revenues on transfer payments to individuals and local governments and on salaries and benefits of state workers. By the year 2000, dwindling petroleum revenues will result in a projected $1 billion gap between state income and spending, but inflation and growing population could widen that gap to…
Descriptors: Educational Finance, Expenditures, Financial Problems, Fiscal Capacity