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My Turn: Why not the Permanent Fund?

...the Permanent Fund's corpus has been generated from oil revenue, but oil flow is declining. New revenue from gas can replace a portion of disappearing oil revenue. Since 25 percent of gas revenue is constitutionally...
Alaska officials revise oil production estimates

...both estimates up from last fall's forecast. The state received about $4.1 billion in fiscal year 2013.While oil revenues are expected to remain the state's major source of unrestricted revenues, they are expected to contribute as little...
State | AK legislature
Senate rejects pay raises for top state officials

...influential contributor" to the lower-than-expected revenues projected in a report last fall. Alaska relies heavily on oil revenues to fund state government.Other factors cited included lower oil production, residual effects of the former tax system...
State | AK legislature
My Turn: All of Alaska is fueled by oil

...Southeast, Alaska's economy is fueled by oil production. Oil revenues to the state are based on production, and the State...every unrestricted general fund dollar it spends from oil revenues. The industry is responsible, directly or indirectly...
Austerman: State facing tough budget questions

...were low in years past because there is less oil flowing through the trans-Alaska pipeline.Alaska relies heavily on oil revenues to fund state government operations, but production has been on a downward trend for years. The Legislature last year...
State | AK legislature
Alaska in better shape thanks to oil tax reform

A state that depends on oil revenues for 92 percent of its general fund cannot lose 200,000 barrels...oil industry is essential for a healthy Alaska. Not only does oil revenue fill our general fund - so you and I don't - it supports one-third...
Analysis lays out weighty deficit impacts

...How much can we save this year?' to 'How large is the deficit?' " the report states.Alaska relies heavily on oil revenues to fund state government, but production has long been on a downward trend. Higher prices in recent years helped to...
Not the time for new office building for legislators

With $2 billion less in oil revenue this year - and continuing deficits are far as one can see (the new GOP oil law is won't allow surpluses in the near or long...
State releases oil tax regs

...Parnell and passed by the Legislature earlier this year is aimed at spurring more production. Alaska relies heavily on oil revenues to run state government, but oil production has long been on a downward trend.The law, much of which takes effect...
State | AK legislature
Alaska Editorial: State's budget situation isn't dire, but only because of recent savings

...elimination of the longevity bonus for seniors. With an administrative pen stroke in early 2005, he also increased oil revenues by consolidating small fields into Prudhoe Bay for taxation purposes. In 2006, he and the Legislature agreed on new...


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