State Funding For ASMI Cut 30% in Proposed Budget Sent to House Finance Committee
SEAFOODNEWS.COM By Peggy Parker - February 25, 2016
A response to Alaska Governor Walker’s request for cuts across a broad operating budget for FY17, includes a 30 percent cut in state funding for the Alaska Seafood Marketing Institute.
The state’s share of funding for ASMI would cut $1.029 milion from ASMI's state funding, leaving the state's portion to just under $2.4 million in FY17. The bill, which included similar cuts to Tourism Marketing and Development, also recommends to phase out state funding to ASMI altogether by FY19.
ASMI has operated without state funds before, but it has been many years ago. If state funds were eliminated, ASMI’s revenues would be primarily from the industry assessment, paid by fishermen and processors. Federal funding of ASMI’s international program, received as a match for industry funding, would not be affected.
The recommended budget was sent from the House Finance Budget Subcommittee to the...
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