Currently in the Second Session of the 22nd Alaska Legislature, serving the needs of Alaska's citizens.
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How Would You Fill Alaska's Fiscal Gap?


Create A Budget for AlaskaStarting Fiscal Year
Use the drop down boxes below to create a budget for the State of Alaska. The objective is to make sure the Budget Reserve doesn't empty before 2006. Make changes with the menu options below to automatically update the budget.
Budget Growth or Cuts:(annual % starting FY03)
New Permanent Fund Dividend Formula:
Personal Income:
 1% of income = approximately $90 million per year
State Sales:
1% = $100 million, 1% = $70 million excluding food & medical
Alcohol Increase:
 5 cents per drink = $15 million per year
Motor Fuel Increase:
 5 cents per gallon = $15 million per year
Cruise Ship Passenger:
 $25 per passenger = $17 million per year
Increase Oil & Gas Revenues:
 10% increase = $50 million per year
Education on Employment:
 $100 per person = $38 million per year
PFD Excess Earnings: 
 $125 million to $300 million per year
Change in Permanent Fund Deposits: 
 $22.5 million to $35.5 million per year
Supplement Municipalities with Perm Fund Excess Earnings: 
 Reduces GF expenditure by $51 million per year and pays for municipal expenses using the Earnings Reserve.

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