How much would your PFD have been if it hadn’t been capped? About $2300.

How much would your PFD have been if it hadn't been capped? About $2300.
How much would your PFD have been if it hadn’t been capped? About $2300.
Anchorage resident Andrée McLeod reached out to state officials, lawmakers and reporters, asking why the amount set by the original state law wasn’t made public.

Instead, lawmakers set the dividend at $1,100.

A separate calculation by the Legislature’s own budget analysts estimated that the dividend would have been $2,290 — lower than the ADN calculation because the Legislature’s projection anticipated the payments would be divided among more than the 640,000 eligible recipients announced by Walker’s administration last week. When the Legislature’s staff used the same number of recipients as Alaska Dispatch News, the two projections were virtually equal.[State reports how much the dividend will be.] That would have been the highest dollar figure in dividend history, without adjusting for inflation. With inflation, it would have been the fifth-highest.

This year was the second straight that the dividend was sliced roughly in half. Walker last year used his line-item veto to cut the dividend — a move that the Alaska Supreme Court upheld in a unanimous decision last month.“There was no hiding of the number,” Josephson said. “It was talked about all the time. So, I’m not quite sure what the complaint is. I understand why the Department of Revenue might not want to run a set of numbers that are sort of moot at this point.”
How much did that decision cost each Alaskan?
rd to Juneau for a fourth special session, focused on revenue.




Posted in Anchorage