MINUTES                                          
                      SENATE FINANCE COMMITTEE                                 
                            20 January 1997                                    
                              4:32 p.m.                                        
                                                                               
  TAPES                                                                        
                                                                               
  SFC-97, #6, Side 1 and 2                                                     
                                                                               
                                                                               
  CALL TO ORDER                                                                
                                                                               
  Senator  Drue  Pearce,  Co-chair,  convened the  meeting  at                 
  approximately 4:32 p.m.                                                      
                                                                               
  PRESENT                                                                      
                                                                               
  In addition  to Co-chair  Pearce, Senators  Sharp, Phillips,                 
  Torgerson, Parnell and  Adams were present when  the meeting                 
  convened.  Senator Donley did not attend.                                    
                                                                               
  ALSO ATTENDING:  Randy Welker, Legislative Auditor, Division                 
  of  Legislative Audit;  Merle Jensen,  Assistant Legislative                 
  Auditor, Division  of Legislative Audit;  Jim Griffin, Audit                 
  Manager,  Division   of  Legislative  Audit;   Mike  Greany,                 
  Director, Division  of Legislative Finance;  Dave Tonkovich,                 
  Virginia  Stonkus  and  Gretchen  Mannix,  Fiscal  Analysts,                 
  Division  of  Legislative  Finance; and  aides  to committee                 
  members and other members of the legislature.                                
                                                                               
                                                                               
  SUMMARY INFORMATION                                                          
                                                                               
  FY  98  Budget  Previews were  conducted  for  the following                 
  departments and agencies:                                                    
                                                                               
                 DEPT. OF COMMERCE & ECONOMIC DEVELOPMENT                      
                   DEPT. OF COMMUNITY & REGIONAL AFFAIRS                       
                   DEPT. OF MILITARY & VETERAN'S AFFAIRS                       
                                                                               
  The  meeting  was recorded  and  handwritten log  notes were                 
  taken.  A copy  of the tape and log notes may be obtained by                 
  contacting either the Legislative Finance Division, P.O. Box                 
  113200, Juneau,  Alaska 99811-3200 (Phone:  907/465-3795) or                 
  the office of the Senate Finance Committee Secretary (Phone:                 
  907/465-2618).                                                               
                                                                               
  ADJOURNMENT                                                                  
                                                                               
  The meeting was adjourned at approximately 5:45 p.m.