Alaska Editorial: Reserve transfer would hurt state's future fiscal options

...would mean that nearly every reserve fund other than the CBR would need to be drained. Chief among these is the Alaska Permanent Fund earnings reserve, out of which the state's much-beloved dividend checks are paid each year.Though it might...
DOR: Perm Fund draw wouldn't impact 2015 PFD checks

...choice by the board."I don't think people should really be worried about their dividends," he said. "The (Alaska Permanent Fund Corporation) doesn't think people should be worried about their dividends. ... I can't say that there wouldn't...
Empire Editorial: Lawmakers must use the Permanent Fund earnings reserve to solve budget impasse

...fix the problem in the afternoon. All it needs is a simple majority vote to pay for state operations from the Alaska Permanent Fund's earnings reserve.As the Legislature's regular session wound down, lawmakers came up with a spending plan...
My Turn: Time to revisit rural education

...history as a result of construction of the trans-Alaska Pipeline System. During Hammond's time as governor, the Alaska Permanent Fund was created. Alaska voters approved a constitutional amendment establishing the Permanent Fund in 1976, one of...
Legislature finishes regular session; special session begins at 10 a.m.

...Even with less spending, the state cannot yet make ends meet. It has the money - billions of dollars in the Alaska Permanent Fund's earnings reserve and the Constitutional Budget Reserve - but neither can be tapped without action by the Legislature...
Local | AK legislature
Empire Editorial: Compromise is a worthwhile gamble - let the Legislature meet in Anchorage

...majority could have taken a different approach. It could have compromised and spent from the earnings reserve of the Alaska Permanent Fund. It doesn't need the minority's votes to do that, but the majority feared the backlash. It feared that Alaskans...
Walker: No budget, no going home

...Democrats refused a compromise agreement. The Republican-led majority declined to tap the earnings reserve of the Alaska Permanent Fund as an alternative funding mechanism.Walker called the special session to resolve that budget standoff, approve...
State | AK legislature
Alaska Editorial: Legislature's focus on cuts has avoided other half of funding equation

...account the state will have left will be the cherished Alaska Permanent Fund, the current value of which stands at $54.5...should revive.The POMV plan was designed by the Alaska Permanent Fund Corp.'s board of trustees more than a decade...
Today's the deadline for PFD

...procrastinators who haven't yet signed up for the 2015 Alaska Permanent Fund Dividend.The payout each fall is based on a five-year...record payout of $2,069 in 2008. In February, Alaska Permanent Fund Corporation CEO Mike Burns said this year's dividend...
Finance director paints sobering budget picture

...fiscal year.Those aren't the only source available to lawmakers; other options include endowment funds and the Alaska Permanent Fund's earnings reserve account, the pool from which annual dividends for most Alaskans are derived. Lawmakers also...
State | AK legislature


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