Fiscal Action Coalition

Commonwealth North has created a Fiscal Action Coalition to address Alaska’s critical financial needs. This group is chaired by CWN Board members Cheryl Frasca (Director of the Office of Management and Budget from 2002 to 2006), and Eric Wohlforth (Trustee of the Alaska Permanent Fund Corporation from 1995 to 2006, and Commissioner of the Department of Revenue from 1970-1972).

Advocacy Coalitions provide continuity in support of recommendations from CWN studies. This program reaches the longer term goal of influencing public policy, in addition educating our members and the public.

This group meets periodically to track the activities and issues affecting the State’s fiscal policy. They keep the CWN Board apprised of new developments and the need for additional studies, recommendations, or other involvement by CWN to support the implementation of good public policy.

2017 (7 files)

Icon of 04/14/17 FAC Sheldon Fisher 04/14/17 FAC Sheldon Fisher (868.3 KB)
On April 14th, 2017, Sheldon Fisher, Commissioner of Administration, gave a presentation to the Fiscal Action Coalition about how the state is addressing the rising cost of state employees / retirees. He also discussed the Health Care Authority Feasibility Study that is due to be presented to the Legislature in late June.

Icon of 033117 FAC Townsend 033117 FAC Townsend (175.1 KB)

Icon of 031717 FAC Morgan Bieling Handouts 031717 FAC Morgan Bieling Handouts (241.3 KB)
On March 17, 2017 CWN members David Morgan and Ross Bieling gave a presentation on their recommendations on how the State can reduce the cost of health care. Attached are their handouts.

Icon of 031717 FAC David Morgan Ross Bieling 031717 FAC David Morgan Ross Bieling (53.5 KB)
On March 17th, 2017, CWN members David Morgan and Ross Billing gave a presentation to the Fiscal Action Coalition on their recommendations to the Legislature on how the State can reduce health care costs through effective management programs.

Icon of 03/10/17 FAC Bruce Tangeman 03/10/17 FAC Bruce Tangeman (1.8 MB)
On March 10th, 2017, Bruce Tangeman, Senate Majority Policy Director, presented the Senate Majority's State fiscal solution.

Icon of 01/31/17 FAC Scott Goldsmith 01/31/17 FAC Scott Goldsmith (4.8 MB)
On January 31, 2017, Professor Emeritus of Economics at ISER gave the Fiscal Action Coalition a presentation of his updated sustainable spending model for state fiscal policy.

2016 (4 files)
Icon of 04/14/16 FAC Rasmuson 04/14/16 FAC Rasmuson (2.1 MB)
On April 14th, 2016, Lisa Parker, Campaign Manager for the Rasmuson Foundations Plan4Alaska campaign, gave an update on the campaign, the feedback they are hearing from Alaskans, and their most recent polling data.

Icon of 04/07/2016 FAC Joe Beedle 04/07/2016 FAC Joe Beedle (658.0 KB)
On April 7th, 2016, Joe Beedle, Chairman of Northrim Bank, gave a presentation to CWN's Fiscal Action Coalition about the state's current fiscal challenges, the significant shift in the state's net fiscal position in recent years and its implications.

Icon of 03/10/16 FAC Rep. Mike Hawker 03/10/16 FAC Rep. Mike Hawker (102.4 KB)
On March 10th, 2016, Representative Mike Hawker presented his legislation, HB224 to CWN's Fiscal Action Coalition.

Icon of 03/03/16 Gunnar Knapp 03/03/16 Gunnar Knapp (1.5 MB)
On March 3rd, and March 17th, 2016, Gunnar Knapp, Director and Professor of Economics at ISER, presented his study of the potential economic affects of the new revenue proposals being considered in Juneau.

2015 (14 files)
Icon of A Stable And Efficient Fiscal Framework For Saudi Arabia 2015 A Stable And Efficient Fiscal Framework For Saudi Arabia 2015 (1.5 MB)
This report is the third of a three-part study by the Harvard Kennedy School analyzing the structures and practices of the worlds leading sovereign wealth funds. This report it provides a road map for transitioning from oil to investment revenue. The three reports are available at: http://belfercenter.ksg.harvard.edu/publication/25300/institutions_and_policies_for_managing_sovereign_wealth.html

Icon of A Sound Fiscal Future SOA 2015 A Sound Fiscal Future SOA 2015 (1.6 MB)
A SOUND FISCAL FUTURE: Recommendations for the Sustainable Utilization and Management of Alaska's Financial Assets, by Attorney General Craig Richards and the Governor's Financial Opportunities Working Group. Published October, 2015

Icon of A New Fiscal Planning Process A New Fiscal Planning Process (413.4 KB)
Eric Wohlforth presents in this paper a discussion of Alaska's past fiscal policy efforts.

Icon of 5/8/15 Admin House Finance Presenatin 5/8/15 Admin House Finance Presenatin (2.8 MB)
This document is a presentation given on May 8th, 2015 to the House Finance Committee by the Department of Administration.

Icon of 2015 The States Operating Budget 2015 The States Operating Budget (6.2 MB)
With Commonwealth North's long commitment to a sound state fiscal policy and the state faced with a daunting gap between revenue and spending, CWN's Fiscal Policy Study Group was charged with an examination of the State's operating budget to identify recommendations to help reduce state spending.

Icon of 12/17/15 FAC Scott Goldsmith 12/17/15 FAC Scott Goldsmith (4.1 MB)
On December 17th, 2015, Dr. Scott Goldsmith, Professor Emeritus of Economics at ISER, gave a presentation to the Fiscal Action Coalition about sustainable state finances, "Unlocking our Petroleum Wealth Potential: A Game Plan for Meeting Alaska's Fiscal Challenge".

Icon of 12/14/15 FAC Pat Pitney PowerPoint Presentation 12/14/15 FAC Pat Pitney PowerPoint Presentation (1.1 MB)
On December 14th, 2015, Pat Pitney, Director of the Office of Management and Budget, briefed the Fiscal Action Coalition on the Governor's proposed FY 2017 budget.

Icon of 12/14/15 FAC Pat Pitney Handout 12/14/15 FAC Pat Pitney Handout (82.5 KB)
On December 14th, 2015, Pat Pitney, Director of the Office of Management and Budget, briefed the Fiscal Action Coalition on the Governor's proposed FY 2017 budget.

Icon of 11/02/15 Eric Wohlforth Memo Regarding State's Fiscal Plan 11/02/15 Eric Wohlforth Memo Regarding State's Fiscal Plan (151.3 KB)
This document is a memorandum from CWN Fiscal Study Co-Chair, Eric Wohlforth, to the Alaska Attorney General, Craig Richards, regarding the State's newly announced fiscal plan, "A Sound Fiscal Future (2015)".

Icon of 10/28/15 Fiscal Future Briefing Craig Richards 10/28/15 Fiscal Future Briefing Craig Richards (184.2 KB)
On October 28th, 2015 Alaska Attorney General, Graig Richards, announced in Juneau the Administration's new fiscal proposal which includes a plan to utilize some Permanent Fund earnings for state government.

Icon of 10/15/15 FAC Dept of Revenue State Revenue Options 10/15/15 FAC Dept of Revenue State Revenue Options (469.5 KB)
On October 15th, 2015 Larry Persily briefed the Fiscal Action Coalition on the State's potential options for new revenue to close the fiscal gap. This document is a white paper produced by the AK Department of Revenue titled, "Potential Fiscal and Revenue Options for the Walker-Mallott Administration".

Icon of 10/01/15 FAC Lesil McGuire SB114 10/01/15 FAC Lesil McGuire SB114 (872.3 KB)
On October 1st, 2015, Senator Lesil McGuire gave a presentation to the Fiscal Action Coalition about her legislation SB 114 now pending in the Legislature. Her bill would change how money is deposited into the Permanent Fund, and switch it to a POMV formula. The bill would enable the Legislature to utilize Permanent Fund earnings to help meet the fiscal gap and stabilize and protect future PFDs.

Icon of 09/24/15 FAC Permanent Fund Eric Wohlforth 09/24/15 FAC Permanent Fund Eric Wohlforth (561.4 KB)
On September 24th, 2015 Eric Wohlforth gave a presentation to the Fiscal Action Coalition about the Permanent Fund, and CWN's 2007 report, "At A Crossroad: The Permanent Fund, Alaskans and Alaska's Future".

Icon of 09/04/15 FAC Dan Dickinson 09/04/15 FAC Dan Dickinson (553.6 KB)
On September 4th, 2015 Dan Dickinson, CPA and former Director of the Tax Division, AK Department of Revenue, gave a presentation to the Fiscal Action Coalition about Alaska's oil & gas tax credit system.

2014 (2 files)
Icon of Fall Revenue Sources Book 2014 Fall Revenue Sources Book 2014 (8.7 MB)
The Revenue Sources Book is the annual publication that provides a history and projection of state revenues. This publication is a collaborative effort among the Department of Revenue, the Permanent Fund Corporation, and the Office of Management and Budget.

Icon of 9/11/14 David Morgan - Information State And School District Health Cost Summeries 9/11/14 David Morgan - Information State And School District Health Cost Summeries (369.0 KB)
David Morgan prepared these slides for the 9/11/14 Fiscal Study group.

2013 (1 file)
Icon of 12/15/13 Alaskas Fiscal Future 12/15/13 Alaskas Fiscal Future (501.0 KB)
A Presentation from Eric Wohlforth for Fiscal Action Coalition 2-34-16. Presentation from 12/15/2015.

2012 (4 files)




2011 (2 files)


2010 (2 files)


2009 (1 file)

2008 (1 file)

2007 (1 file)
Icon of 2007 Pfundstudy 2007 Pfundstudy (509.3 KB)

2006 (1 file)




Commonwealth North
711 M Street, Suite 104, Anchorage AK 99501
Tel: (907) 276-1414   Fax: (907) 276-6350
info@commonwealth.com