Interior Secretary Sally Jewell says this year’s “payment in lieu of taxes” to Alaska will total $28.5 million for the current fiscal year. That’s $2 million more than last year.
The state is being compensated for 225,480,644 acres of federal land. PILT funds go directly to local governments for the tax-exempt federal land within their boundaries.
PILT is an important part of the budget for some cities and boroughs. The Matanuska-Susitna Borough will receive $3.45 million dollars in PILT. At the other end of the scale, Yakutat’s share is a little over $114,000.
Juneau’s portion of PILT is nearly $1.9 million.
- August 30, 2015- He's giving the mountain its Koyukon Athabascan name on the eve of a historic presidential visit to Alaska.
- August 30, 2015- Juneau gardeners showed off their best vegetables, herbs, jams, and garden plots recently at the community garden on Montana Creek Road.
- August 30, 2015- That the court on Friday affirmed a 2011 ruling by the Superior Court that the pipeline was worth $8.9 billion to $9.6 billion during that time.
- August 30, 2015- Four children broke into the Bethel Community Garden Thursday evening. They stole tools and wrecked vegetables that were reaching their peak after the growing season.