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Walker: Alaska will weather fiscal storm

...state revenues Walker said he has instructed the Revenue Department, "to be as accurate as possible, and conservative...following the governor's remarks, Davis said the Revenue Department has projected an average oil price of $76 per barrel...

http://peninsulaclarion.com/news/2014-12-21/walker-alaska-will-weather-fiscal-st
News
Alaska faces $3.5 billion deficit amid lower oil prices

...dip into savings to get by. Gov. Bill Walker, who took office Dec. 1, has warned of lean times ahead.The Revenue Department said oil prices were the biggest factor in the revenue drop from the prior forecast. It also cited increases in...

http://peninsulaclarion.com/news/2014-12-10/alaska-faces-35-billion-deficit-amid
News
North Slope crude prices down since July

...bring in about $3.08 billion. Under MAPA, revenues would be $3.22 billion, according to an analysis by the Revenue Department.Rodell said oil production on the Slope is also picking up after it had dropped off during the annual summer maintenance...

http://peninsulaclarion.com/news/2014-10-12/north-slope-crude-prices-down-since-
News
Buccaneer bankruptcy leaves millions in unpaid bills

...production royalty payments. Once paid it would almost immediately be transferred to the treasury, and subsequently the Revenue Department.Overall, Buccaneer owes about $33 million to its 30 largest creditors.One of the businesses it owes is Mayflower...

http://peninsulaclarion.com/news/2014-09-10/buccaneer-bankruptcy-leaves-millions
News
Cook Inlet oil production up 25 percent

...barrels per day after five years of decline from 20,300 barrels per day in fiscal year 2005, according to the Revenue Department data.Alaska Natural Resources Commissioner Joe Balash credited the growth to increased investment by Inlet oil...

http://peninsulaclarion.com/news/2014-08-30/cook-inlet-oil-production-up-25-perc
News
Voters take up oil tax debate before August referendum

...dollars, according to the Revenue Department.Increasing production in...law.Even Parnell's own Revenue Department forecasted a 45 percent decline...less than fiscal 2013, the Revenue Department announced - proves SB 21 is...

http://peninsulaclarion.com/news/2014-07-22/voters-take-up-oil-tax-debate-before
News
What others say: What's the revenue on a barrel of nothing?

...annual decline for the 2014 fiscal year ending June 30 is 1.8 percent based on production that is exceeding the Revenue Department forecast by more than 13,000 barrels per day (resulting in about $374 million in additional state take).No...

http://peninsulaclarion.com/opinion/2014-07-01/what-others-say-whats-the-revenue
Opinion
TAPS owners take series of setbacks in court

...taxation, concluded TAPS was worth $3.64 billion. Municipalities that were affected appealed the decision to the revenue department's State Assessment Review Board, which reviews assessment disputes. The review board agreed with some of the...

http://peninsulaclarion.com/news/2014-03-16/taps-owners-take-series-of-setbacks-
News
ISER backs Revenue on tax impact

...doesn't adequately present revenues lost during a period of high prices.For next year, however, the state Revenue Department has found the new tax will bring in more revenue in fiscal year 2015 than ACES would have, under the oil prices...

http://peninsulaclarion.com/news/2014-05-12/iser-backs-revenue-on-tax-impact
News
3 things to watch in Alaska: gas line, pay, oil

...have to take responsibility for it. I didn't vote for ACES, so I'm not a supporter of it, period."The Revenue Department has cited several factors for the decline, including lower-than-expected oil prices, declining production...

http://peninsulaclarion.com/news/2014-01-26/3-things-to-watch-in-alaska-gas-line
News

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