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Higher oil prices and federal aid improve Alaska’s revenue forecast Published 4 days ago Share on Facebook Print article JUNEAU — Alaska is expected to receive $460 million more than previously expected from oil taxes in the next fiscal year, according to a new forecast released this week. The money “doesn’t bring in more opportunities for additional expenditures or anything like that,” said Sen. Bert Stedman, R-Sitka and co-chairman of the budget-writing Senate Finance Committee, but “it takes a little bit of pressure off” as legislators attempt to balance the state’s n...

These States Have the Highest Gas Tax in the U.S. By Aine Givens, Stacker News On 3/14/21 at 9:00 AM EDT The coronavirus pandemic has curbed Americans' love for the road, keeping many people at home in the past year and cutting into sales at the fuel pump. That has meant a backlog in work funded by gasoline taxes. More than $8.5 billion worth of highway work and other infrastructure projects across the United States have been canceled or halted temporarily, the American Road and Transportation Builders Association told The Washington Post. Even before the pandemic, many states' highway fu...

In the draft budget under consideration, the University of Alaska would get $257 million. The state’s prison system would receive $345 million.

Save Alaska’s roads Published March 3 Southbound traffic on the Glenn Highway flows across the new three lane Eagle River Bridge, at right, on Sept. 9, 2020. According to the Alaska Department of Transportation and Facilities approximately 55,000 commuters and commercial vehicles travel the highway each day. (Bill Roth / ADN archive) Share on Facebook Print article What is the motor fuel tax? When you see that dollar number on the fuel pump screen, $53 to fill up your F-150, what are you paying for? The simple answer to that question is: two things. When you fill your gas tank, you are...

Winners announced in Alaska’s second annual PFD education raffle Hank Davis © Provided by Anchorage KTUU-TV The State of Alaska's PFD Education raffle saw a jump of more than 1,000 entries ahead of its 2021 drawing. ANCHORAGE, Alaska (KTUU) - Alaskans paid for 9,833 entries into this year’s Permanent Fund Dividend education raffle — 1,135 more than the raffle’s inaugural drawing in 2020. At $100 per entry, that means the state raised $983,300, of which half, $491,650, will go directly towards funding educational grants for local school districts. The other half of t...