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Mlynarik appointed to Marijuana Control Board

...utilizing existing staff to support the board and will only be hiring a small number of new positions."The Alaska Department of Revenue estimates that tax revenues from commercial marijuana sales will generate between $5.1 million to $9.2 million...

http://peninsulaclarion.com/news/2015-07-01/mlynarik-appointed-to-marijuana-cont
News
Resource committees hold hearing on peninsula

...Involvement with Department of Natural Resources and Department of Revenue Designees IV) AK LNG Update on Impacts to the Kenai...the Kenai Visitor Center: I) Overview from the Department of Revenue II) Presentation on Oil and Gas Tax Credits by...

http://peninsulaclarion.com/news/2015-06-15/resource-committees-hold-hearing-on-
News
Cook Inlet oil companies heavy consumers of tax credit reimbursements

...deep area of Cook Inlet; the latter will go to the first company to accomplish the task, according to the Alaska Department of Revenue's Tax Division Director Ken Alper. Between the 2007 and 2015 fiscal years, Alaska gave a total of $7.4 billion...

http://peninsulaclarion.com/news/2015-06-20/cook-inlet-oil-companies-heavy-consu
News
Alaska residents rank 3 state services as low priority

...levels. Nearly every service was considered critical."That really tells you hard this is going to be," said Department of Revenue Commissioner Randy Hoffbeck. "People value the services government delivers and they've been delivered at very...

http://peninsulaclarion.com/news/2015-06-07/alaska-residents-rank-3-state-servic
News
Legislators may get last word on gasline funds

...With oil revenues for the year now estimated at about $2.2 billion, the 2015 deficit is now estimated by the Department of Revenue at $3.93 billion.About $2.8 billion of that can be covered with money taken from the Strategic Budget Reserve...

http://peninsulaclarion.com/news/2015-05-03/legislators-may-get-last-word-on-gas
News
Alaska lawmaker wants to examine state's credits, exemptions

...stamps must be affixed to cigarette packs for cigarettes sold in Alaska, with few exceptions, according to the Department of Revenue. The report recommends scrapping the discount, saying affixing the stamps should be considered a cost of selling...

http://peninsulaclarion.com/becky-bohrer/2015-02-01
News
Slope construction season still strong amid price plunge

...and are expected to increase to $4.88 billion in 2016, according to figures given by companies to the state Department of Revenue. The years are in state fiscal years, with the current fiscal year 2015 starting last July 1 and fiscal year...

http://peninsulaclarion.com/news/2015-01-11/slope-construction-season-still-stro
News
Voices of Alaska: The hard truth about our oil revenue

...tax meant to compensate Alaska for the taking of its oil resources. How is this situation possible? The Alaska Department of Revenue projects the state will pay $625 million to producers through various oil and gas production credits. Subtract...

http://peninsulaclarion.com/opinion/2015-01-08/voices-of-alaska-the-hard-truth-a
Opinion
Uncertain year for mega-projects

...half that, in the $2.5 billion range. For the 2016 fiscal year, which begins July 1, it gets worse; the Department of Revenue is predicted a little more than $2 billion of state revenue in its Fall 2014 Revenue Forecast released in mid-December...

http://peninsulaclarion.com/news/2015-01-06/uncertain-year-for-maga-projects
News
Upsized ASAP may rattle AK LNG Project

...years until production revenues exceeded the tax credit deductions, according to financial modeling done by the Department of Revenue and presented to the House committee.The budget is what has everyone's attention in the capitol building...

http://peninsulaclarion.com/news/2015-03-01/upsized-asap-may-rattle-ak-lng-proje
News

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