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My Turn: Governor's tax credit veto is churlish conversation starter

...point is that production taxes are just one revenue stream that Alaska gets. The state also takes about $1 billion in oil royalty and another $275 million in income and property taxes. The governor is steering the conversation in the wrong direction...
Alaska Editorial: Southeast lawmakers have chance to create working relationships with new governor

...result of oil revenue. Oil prices ran above $100 per barrel for some time; they are well below that today, meaning oil royalties paid to the state aren't covering the state's expenses.The state has huge financial issues to address this upcoming...
Big Oil almost erases decline for FY 2014

...per day average.State agencies monitor oil production closely because about 90 percent of state revenue comes from oil royalties and taxes. The Alaska Oil and Gas Conservation Commission, an independent state regulatory agency, supervises and...
Alaskans to receive $900 for 2013 PFD check

...crash factored into decreasing check amounts over the last few years. The fund is an investment of some of Alaska's oil royalties. At the end of fiscal year 2013, preliminary data showed that the Permanent Fund was valued at $44.9 billion, which...
Note to lawmakers: You're not done yet

...short space of a special session. This means that they've blown it with introducing an income tax and increasing oil royalties this year. But they can still deal with the permanent fund and they should. Lawmakers need to push forward the proposal...
End is near for session

...sub-account of the Alaska Permanent Fund. Instead, legislators agreed to use only $30 million per year from earnings from oil royalty settlements in the Amerada Hess account, which is managed by the Alaska Permanent Fund Corp. Democrats called this...
Alaska editorial: In support of the governor's revenue plan

...natural gas. The $60 a barrel price could increase or decrease. If it decreases, Alaskans won't receive as much in oil royalties, but we would enjoy relief at the service station gas pumps and in our home-heating bills. If it increases, the...
Oil price boosts surplus

...71 million more than predicted in April. State government will collect 81 percent of its general revenue from oil royalties and taxes this year. But the oil-dependent revenue scheme that made the state rich in the high-price, high-production...
Plan would use oil royalty funds for scholarships

JUNEAU - The state would tap an oil royalty settlement fund to pay for Alaska student scholarships...are largely responsible for helping the state run. The oil royalty settlement fund contains more than $400 million, Senate...
Committee passes revamped scholarship plan

...student scholarship proposal has passed the Senate Education Committee. The committee version would use income earned on oil royalty settlement funds to cover scholarships for graduating high school students based on merit and financial need. It now...
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