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However, a “statutory” $3,688 PFD would result in a deficit of more than $1.2 billion, report says.

Dunleavy OKs lower dividend despite originally seeking a $3,800 “statutory” payout.

Large deficit in governor’s budget drives dividend lower, poor oil price forecast may mean other cuts

Tanana Chiefs Conference (TCC) is reviewing Gov. Mike Dunleavy’s plan to protect an endowment that eases the high cost of electricity in rural Alaska by incorporating it in the state Constitution. “TCC believes there could be benefit to the program by enshrining it in the state Constitution, if this is done correctly and if it reduces the potential for future political battles,” said Dave Messier, TCC’s rural energy coordinator.  TCC “will continue to evaluate the governor’s proposal from a variety of angles to ensure it accomplishes the original goal of...

Alaska House plans to vote on its version of the operating budget again Monday Sean Maguire © Provided by Anchorage KTUU-TV Capitol Building in Juneau, Alaska JUNEAU, Alaska (KTUU) - After a week of deadlock, the Alaska House of Representatives looks set to vote on its version of the operating budget again on Monday, with hopes to send it to the Senate on the same day. House Speaker Louise Stutes, R-Kodiak, said her understanding is that all the unheard amendments will be considered, unless they’re withdrawn by the legislator who introduced them. The majority of the unhea...