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What others say: University will need strong leader, support from state

...104.98 on Jan. 2 to $58.42 on Wednesday, the latest date listed on the Alaska Department of Revenue website. Oil revenue accounts for about 88 percent of the state's general fund revenue, so it should come as no surprise that Gov. Bill...
What others say: Parnell did well

...Parnell walked the high wire when it came to balancing community capital project requests with the state's declining oil revenue.In Ketchikan, he signed off on capital dollars for Ketchikan Shipyard, building two Alaska Marine Highway System...
Alaska faces $3.5 billion deficit amid lower oil prices

...performance of state investments makes Alaska's overall financial health sound," she said.Alaska relies heavily on oil revenue to fund the operations of state government. It has ridden this wave before and recovered. One major difference this...
North Slope crude prices down since July

...oil production and hoping for an uptick.They've largely forgotten about oil prices, the other side of the state oil revenue equation.The news is not good, at least for the budget.For consumers, however, it's good news because it means...
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...
BP Alaska plans layoffs following Hilcorp sale

...state lawmakers in 2013 as a way to encourage new investment and additional production. The state relies heavily on oil revenue to fund government operations.BP will offer early retirement and severance packages as part of the layoffs, Patience...
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...
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...
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...


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