economics

State Approves ExxonMobil’s Point Thomson Expansion Plan

State Approves ExxonMobil’s Point Thomson Expansion Plan

State Approves ExxonMobil’s Point Thomson Expansion Plan Decision will increase oil production; adds momentum to Alaska LNG Project December 22, 2017 ANCHORAGE – The State of Alaska has approved ExxonMobil’s plan to engineer the expansion of the Point Thomson project on the North Slope, with state and company officials calling […]

Governor Walker Appoints Craig Richards to Permanent Fund Corporation Board

Governor Walker Appoints Craig Richards to Permanent Fund Corporation Board

Former Attorney General fills open public seat; Larry Cash to shift focus to Asian trade efforts   December 28, 2017 JUNEAU – Governor Bill Walker announced today that he has appointed Craig Richards to the Alaska Permanent Fund Corporation Board of Trustees. Advertisement The governor-appointed board is composed of six […]

Estimated 2018 Revenue Increased A Record 247 Million

Estimated 2018 Revenue Increased A Record 247 Million

Department of Revenue releases Fall 2017 Revenue Sources Book Juneau – Department of Revenue (DOR) Commissioner Sheldon Fisher released the Fall 2017 Revenue Sources Book today. The Revenue Sources Book includes the Department’s final fall forecast of oil price, oil production, and state revenue. A preliminary forecast was issued in […]

Big House victory for GOP tax plan, but Senate fate unclear-Associated Press

Big House victory for GOP tax plan, but Senate fate unclear-Associated Press

WASHINGTON (AP) — Republicans rammed a $1.5 trillion overhaul of business and personal income taxes through the House Thursday, edging toward the code’s biggest rewrite in three decades and the first major legislative triumph for President Donald Trump and the GOP after 10 bumpy months of controlling government. The mostly […]

Governor Walker Issues Disaster Declaration for North Slope Borough

Governor Walker Issues Disaster Declaration for North Slope Borough

Late-September storm produced perilous conditions, flooding, damage in Utqiagvik November 15, 2017 ANCHORAGE — Governor Bill Walker late yesterday issued a declaration of disaster for the North Slope Borough following a strong Arctic sea storm in September. The declaration makes available $1 million from the state’s Disaster Relief Fund, and […]

Small Business Development Center Free Classes 10/17 and 18

Small Business Development Center Free Classes 10/17 and 18

Introduction to Government Contracting – Valdez Date: Oct 18, 2017 2:00-3:30pm Registration Deadline: 10/17/2017 1:00 PM (AKDT) Status: Open – 19 places remaining Point of Contact: Kendra Conroy (907) 786-7201 Center: Mat-Su SBDC Fee: None Location: Prince William Sound College 303 Lowe St., Valdez AK 99686 Description: This course is designed to […]

Thanks from Valdez United Way

Thanks from Valdez United Way

I would like to thank everyone who was a part of making the Foraker training in Valdez a success this weekend. We had a total of 34 participants who gave up time on a busy Saturday and attended some or all of the training, representing 15 different non-profit organizations.  There […]

PFDs of $1,100.00 Distributing Starting October 5th

PFDs of $1,100.00 Distributing Starting October 5th

Permanent Fund Dividend Announcement Beginning on Thursday, October 5, an estimated 640,000 Alaskans will receive Permanent Fund Dividend checks for $1,100.  This year, the Alaska Permanent Fund division expects to distribute roughly $672,000,000.  An estimated 87% of Alaskans will receive funds via direct deposit funds. Those who have chosen direct […]