It’s been 25 years since the first check from the state’s share of oil royalties was deposited and invested in what is now known as the Alaska Permanent Fund. That account has grown to over 24-billion dollars and is now seen as a potential vehicle for helping the state pay for it’s growing deficit. Meanwhile, the Alaska Permanent Fund Corporation celebrates the anniversary of the first deposit by looking ahead to the next 25 years and beyond. This segment includes an excerpt of a story that aired in June of 2000 that focused on the Corporation’s creation and it’s 20th anniversary.
- Last week, the cruise ship Crystal Serenity sailed into Nome and 850 of the cruise ship’s passengers were ferried in from the offshore vessel and took the day to tour the city, but some business owners say their expectations for hypothetical increase in profits for the day weren’t met.
- New signage is being installed at Foodland IGA in downtown Juneau. Store director Rick Wilson anticipates the work will be done Tuesday afternoon.
- The city of Sitka announced Monday, Aug. 29, that the Gavan Hill area, including Keet Gooshi Heen Elementary School, may be at risk for landslides. Shannon & Wilson, a Seattle-based geotechnical firm, identified the landslide hazard zones during an assessment of the area.
- As of Monday, the Ketchikan Youth Facility slated for closure had seven kids in it and the Johnson Youth Center had four.