Anchorage Mayor LaFrance proposes relatively flat budget, warns of fiscal cliff next year

Anchorage is running out of time to find new revenue sources before government services will need to be cut to balance the budget, Mayor Suzanne LaFrance said Friday.

“It’s a fact that our costs here at the municipality continue to rise at a level that is higher than our revenue,” LaFrance said at a press conference to unveil her proposed budget.

LaFrance’s budget would use $12 million in one-time funding, in part, to balance a $15 million deficit…

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