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As the Alaska Legislature makes cuts, ripples will splash across the state

...receiving a share of state business taxes collected in their area, but the new program promised them a cut of this new oil money, too.By the end of the 1970s oil was flooding through the trans-Alaska Pipeline System and revenue was piling up...
State | AK legislature
Letter: Revenue for the state

Years ago, when the big oil money began rolling in a lovely tide, both the state sales tax and income tax were eliminated. Now we are becoming inundated with the...
Pioneering woman in politics reflects

...Fairbanks since statehood. She served three terms when representatives were still elected at-large.Smith said the oil money had really started rolling in back in 1978, describing politics of the time as being "blood and guts.""No" was a...
State | Local
Online petition protests university leader bonus

...campus, she said."It just seems so poorly timed," Anahita said. "If this was the '80s, and we were flush with oil money, sure, give him a bonus, thank him for his service. We're not flush with money, though."The petition had 429...
Most Alaskans to get nearly $1,900 in oil money

ANCHORAGE - It's a highly anticipated day of the year in Alaska, when residents learn how much money they'll receive from the state's oil wealth savings account - a payout people receive just for living in The Last Frontier.
Fairbanks dealing with plethora of potholes

...because it has more cracks. Most of the streets in residential subdivisions around Fairbanks were built with a surplus of oil money in the mid-1970s, the Fairbanks Daily News-Miner reported.Moreover, a lot of the older residential subdivisions...
Five good (Alaskan) reads

...Hammond was a pilot, by choice a wilderness dweller in Bristol Bay, and the perfect governor of Alaska when the serious oil money began rolling in. He truly loved the state and wanted the use of the wealth to benefit Alaskans, not just the...
Letter: Alaska doesn't own oil companies

...Proposition 1 this August along with many Alaskans of all political stripes. It will be an uphill fight - going against big oil money, who probably figure their dollars are money well spent. Millions spent for billions in return. One of their main tag...
Letter: Alaskans can't afford to give away oil money

Alaska's leaders fought for statehood all through the 1950s because our state was undeveloped but had great potential given our natural resources. During those years, we watched as Outside interests exploited our fisheries resources.
Alaska in better shape thanks to oil tax reform

...Permanent Fund, where I have had the honor of serving as a trustee for 12 years, including five as chair. Oil money first seeded the fund and oil money continues to help it grow. Each year we deposit one-fourth of our royalty share of oil into the fund...


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