Wed, 06/09/2021 - 9:22am
Alaska Gov. Mike Dunleavy speaks during a press conference May 12 in the Alaska State Capitol at Juneau. With deadlines looming before the start of the next fiscal year on July 1, Dunleavy is urging legislators to approve his plan to evenly split Permanent Fund earnings between the budget and the PFD as a step toward a long-term budget solution. (Photo/James Brooks/Anchorage Daily News)
Gov. Mike Dunleavy insists he will do what it takes this year to solve the state’s fiscal dilemma that has led to a nearly decade-long run of budget deficits.
That starts with legislators agreeing to start splitting the roughly $3 billion in annual Permanent Fund revenue evenly between the dividend and other government expenses now, which would result in roughly $2,300 PFDs, before his compromise plan to put such a “50-50” fund earnings split into the Alaska Constitution is acted on, the governor said during a June 7 phone conversation with the Journal.