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Income estimate from oil windfall dips $187 million

The state's forecast of its oil revenue surplus has been revised downward $187 million because of lower oil prices in recent months, Revenue Commissioner William Corbus said...
Alaska Digest

...supplemental appropriation request to this year's budget. It calls for putting $400 million of this year's oil revenue surplus - which the committee estimates at about $500 million - and adding more than $450 million in general fund revenue...
Lawmakers scram as session ends

...Others were inconvenienced by having to move out of their temporary homes and sleep in their offices. With an oil revenue surplus of several hundred million dollars, the session was unlike others, said House Finance Chairman Kevin Meyer, R-Anchorage...
Governor hikes budget request to $141 million

...federal funds and other sources. Murkowski proposes paying for the supplemental budget request through the state's oil revenue surplus, now estimated at about $466 million. Murkowski's original budget proposal, which he presented in December...
My Turn: Fiscal responsibility eluded Republicans this session

...year's budget. They did that by passing a supplemental spending bill and by using $400 million of this year's oil revenue surplus for next year's education programs. So when they try to convince you that the budget they just wrote for next...
Capital budget may become next battle

...200 million more than what he would like to see. Clark's capital budget plan would use $200 million in 2005 oil revenue surplus money, $300 million from next year's projected revenue surplus, $140 million from the Constitutional Budget...
Lawmakers: Finishing in 90 days won't be easy

...1 billion that is likely to get some debate. Olson predicted lawmakers could spend time "squabbling over" the oil revenue surplus. "It's a lot easier to spend money than to save it," he noted. The new time constraint could make in-depth...
Alaska Digest

...Chairman Richard Foster, D-Nome, said the department picked the right year to ask for a funding boost, with an oil revenue surplus expected at the end of the fiscal year.
Permanent fund dividends expected to shrink

...ever at $2,069. The state added an extra $1,200 as a one-time "resource rebate" or share of the state oil revenue surplus. The dividend is based on an average of the fund's profits over the previous five years.
Energy rebate proposal gains more traction in Legislature

...Wednesday as though they're seriously considering a mass payout as a way to share Alaska's multibillion-dollar oil revenue surplus. "The governor's been very clear that Alaska oil is the people's oil and that's why we have all this extra...


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