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Gov: Unsustainable for tax breaks to exceed oil tax revenue

...proposed change will be rooted in solid analysis. We're in the analysis phase right now."According to the state Revenue Department, oil and gas production taxes yielded $2.6 billion for the state in 2014. Those taxes are estimated to total...
Legislative Finance director paints sobering budget picture

...order as lawmakers and Gov. Bill Walker have referred to it, before looking at additional revenue sources.The state Revenue Department last fall projected unrestricted general fund revenues of $2.2 billion for the upcoming fiscal year. To limit...
State finalizes new oil tax regulations

...this type of oil would be responsible for the metering. Mike Pawlowski, oil and gas program director for the state Revenue Department, said Monday that metering is a "very objective standard" that also provides transparency and predictability...
State releases revenue forecast

...Wielechowski said that shows the new tax is a flop.But Mike Pawlowski, oil and gas program director for the state Revenue Department, said the forecast does not include all the projects on the horizon, including heavy oil and shale. Revenue...
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...
Revenue officials explain tax credit issue flagged by Walker

JUNEAU - State Revenue department officials told lawmakers Monday that the tax credits that were a source of contention in an opinion piece by Gov. Bill Walker...
Without cuts, Alaska faces budget deficit

...price of oil was $64 a barrel, rising to $110 a barrel for the current year, according to the report. The state Revenue Department is forecasting an average oil price of around $109 a barrel for next fiscal year, 2014."The rapid increase...
Citizens petition for voter referendum on oil tax change

...revenue effect if $375 million. If $120 per barrel is assumed, the adverse effect is $925 million.The state Revenue Department has estimated that $5 billion in new North Slope investment could stimulate enough production to pay for the...


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