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Voters take up oil tax debate before August referendum was in place.He noted that the total government take - the combination of local, state and federal taxes on net oil revenue - under ACES averaged about 72 percent."That's quite a bit higher than our competitors," Clark said.The oil...
Parnell signs budget bills, makes no vetoes

...and getting more oil flowing through the trans-Alaska pipeline to help bump up revenue. Alaska relies heavily on oil revenue to fund state government operations and the Legislature last year passed an oil production tax-cut, championed by...

...autonomous eastern government and seized the region's oil terminals and ports for months, demanding a bigger share of oil revenue.On Saturday, Hifter appeared before journalists in his military uniform and promised he would press on with his Benghazi...
Cost of retirement system draws concern in Juneau

Alaska is sitting pretty financially, with oil revenue flowing in and billions of dollars in ready cash available...state in the future, and while coffers are flush with oil revenue now, Alaska's fields are aging and their reserves...
What others say: Oil tax debate begins anew

...Alaskans need to remember is that oil revenue is the source of about 90 percent...state's annual general fund revenue. Oil revenue has been high because oil prices...announcement of the amount of the annual oil revenue payment to individual Alaskans...
Parnell wants reduced spending in next budget

...lower because of lower oil prices and declining production - not because of the new oil tax.Alaska relies heavily on oil revenue to fund state government, but production has been trending down for years. Higher prices in recent years helped mask...
State releases revenue forecast

...Last spring, the department forecast oil prices of $109.61 a barrel for the current year and $111.67 for 2015.Oil revenue accounts for more than 90 percent of Alaska's unrestricted revenue, which is money that isn't restricted in its...
What others say: Paying down debt the right course to follow

...barrel.Gov. Parnell and the Legislature adopted an oil-tax cut in the most recent legislative session. He expects oil revenue to be about the same as the old tax system because of lower oil prices. But, if prices increase, then the revenue...
Legislature 2014: Spending in focus as revenue dips

...recent years," he said.The state has enjoyed multi-billion dollar capital budgets in recent years but the drop in oil revenue - which actually started during the fiscal year 2013 that ended last June 30 - forced the Legislature to adopt a leaner...
Parnell proposes cap on state spending

...year includes about $7.9 billion in unrestricted general funds, said Parnell's budget director, Karen Rehfeld.Oil revenue provides about 90 percent of the state's unrestricted revenue, and Parnell has been pushing for a spending cap...


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