Wed, 04/28/2021 - 8:48am
As we observe the anniversary of the creation of the Alaska Permanent Fund Corp. this month, it is noteworthy to laud the vision and leadership of the past, and imperative in my opinion to look forward: to bring that same extraordinary vision, leadership, and forethought to the now, the near, and the far.
Now, today, Alaska is the only state that earns the majority of its unrestricted general fund revenues from the global economy. No longer a “rainy day account,” the Permanent Fund now provides more than two-thirds of the state’s annual revenue; money that pays for education, public safety, clean water and other essential services.