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  • share the state's oil wealth with Alaskans.Dividends are paid annually from investment earnings from the Alaska Permanent Fund. They are calculated using a five-year rolling average of the fund's performance.Most Alaskans get a dividend...
Administration looks at leveraging PFD wealth to pay for budget

JUNEAU, Alaska (AP) - Gov. Bill Walker's administration is looking at leveraging the Alaska Permanent Fund to help spin off funds that could be put toward the state budget. The details haven't been finalized. But a Walker spokeswoman...
State needs a governor and and legislators who work together

...during Wednesday's presentation indicated a majority of respondents are open to the idea of using some of the Alaska Permanent Fund earnings reserve to help cover the gap.Alaska's challenges, from the LNG project to the budget and everything...
Administration pitches new plan to fund government

...preparing to roll out the most radical change to the state's annual budgeting process since the creation of the Alaska Permanent Fund in 1976.At noon Wednesday in Centennial Hall, lawmakers were briefed on a budget plan that redirects almost...
State Government
What others say: For kids' sake, save your PFD

...Walker will announce the amount of this year's Alaska Permanent Fund Dividend. It's expected to be a big one - likely...child turns 18, she'll thank you for it.The Alaska Permanent Fund is now worth over $52 billion. It's reached...
PFD amount to be announced Monday

...The annual distribution, handed out each fall since 1982, is based on a five-year rolling average of the Alaska Permanent Fund's net income.Last month, the Permanent Fund announced that $1.37 billion would be available for dividend...
Deals herald PFD payout

Checks from the Alaska Permanent Fund Dividend won't arrive until Oct. 1, but a few businesses are planning ahead. With the return of the PFD comes the seasonal...
Time for Alaskans to engage in budget process

...Alaskans have gotten used to a relatively low tax burden, no state income tax, and a nice check courtesy of the Alaska Permanent Fund every fall. Part of the challenge in understanding the problem lies in grasping the scope of a $3.1 billion...
What others say: Discussion of next year's budget should begin now

...budget - drawing on the state's Constitutional Budget Reserve rather than making an arcane shuffle involving the Alaska Permanent Fund earnings reserve - is by far the most sensible option that was available. The scorched-earth approach of transferring...
What others say: Reserve funds transfer would hurt state's future fiscal options

...would mean that nearly every reserve fund other than the CBR would need to be drained. Chief among these is the Alaska Permanent Fund earnings reserve, out of which the state's much-beloved dividend checks are paid each year.Though it might...


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