$5.4B in revenue expected for FY 2011
Alaska expects oil revenues to continue rising in the coming decade despite falling production, as production taxes yield more
For Petroleum News
The Alaska Department of Revenue expects the state to collect $5.37 billion in unrestricted revenue in fiscal year 2011 and $5.74 billion in FY 2012.
The preliminary fall forecast, released on Nov. 26, represents a slight increase over the projections the state made in its spring forecast released t....
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Tempered production declines
Tax revenues projected to rise
Full forecast still to come
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