Alaskans’ annual reward is here: $878 simply for living in the state.
State officials on Tuesday announced this year’s payout from Alaska’s oil savings account.
The dividends are handed out annually to all men, women and children who have lived in Alaska for at least one calendar year.
This year’s amount is significantly less than last year’s dividend of $1,174, which was the smallest since 2006. The payout will be distributed Oct. 4.
Alaska has no state income tax, but residents must pay federal taxes on the bounty. What they do with the rest is up to them.
- It’s not clear how Gov. Bill Walker will respond to a spending plan that doesn’t address Alaska’s longterm state fiscal imbalance.
- Now, she’s trying to ignore the negative reactions to her involvement in the track meet and focus on the support she’s gotten. And she wants to share that message with people in similar situations.
- For decades, the Bristol Bay Borough School District has relied on a unique form of pupil transportation; a daily air charter brings students in the village of South Naknek to the north side of the river to attend school in Naknek.
- Around the country, houses, schools and shopping centers are being built on old oil and gas fields — and hidden underground are millions of abandoned wells that are not monitored for leaks.