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Budget plan threatens Alaska's future

...dividend to do that. That's the new GOP plan. There's a law on the books capping state oil tax credit payments in low oil revenue years. They're supposed to be capped at $91 million next year. Instead, GOP leadership wants to give out $700...
Cook Inlet oil companies heavy consumers of tax credit reimbursements

...said that the state's entire oil revenue apparatus - including production...the state's other mechanisms of oil revenue-gathering, Alper said the production...gave the state 5 percent of it oil revenue in fiscal year 2015 - exclusively...
Results in Juneau leave reader dissatisfied

Are you satisfied with the budget our lawmakers have concocted in response to the precipitous drop in oil revenue? Do you think that it was wise to add a $47 million line item for a bridge that will benefit real estate speculators and contractors...
Building a sustainable future: Conversations with Alaskans

...legislators wisely set aside during the recent years of high oil revenue. That money can be used to balance the budget in the short...state. Once again, Alaska is at a decision point. With oil revenue alone unable to sustain us, how do we chart a new course...
Community health care provider faces financial challenges

...said state reimbursement for mental health care is expected to continue falling as the state grapples with the drop in oil revenue and a multi-billion dollar deficit. Adams said PCHS was never meant to handle the level of uncompensated care that...
Nearly half of states expect to confront big budget gaps

...fiscal year, according to the report. Alaska saw the biggest drop, of $1.7 billion. Alaska relies heavily on oil revenue and projects a $3.2 billion budget shortfall for the coming fiscal year. A special legislative session has been...
Voices of Alaska: The hard truth about our oil revenue

Imagine your family's biggest source of income plummeting by 80 percent in one year. At today's oil prices, that's Alaska's situation.
Alaska faces lean budget times as oil prices fall

...of a new legislative session, starting Tuesday, the price had dropped by more than half.Alaska heavily relies on oil revenue to fund the cost of state government, but the fall in prices has contributed to an estimated 80 percent decline in...
Lean budget times remind public of the value of tax dollars

...state revenue stream almost exclusively dependent on oil revenue. Despite the volatility of the price of oil, Alaskans...Instead, Alaska has chosen to keep all its eggs in the oil revenue basket and live with the instability that comes with...
What others say: Setting aside donations for nonprofits, children good use of dividend

...safeguarding a portion of Alaska's oil wealth for the benefit of future generations. Under the amendment, 25 percent of oil revenue was set aside in a protected account that could only be used for income-generating investments. The purpose of the...


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