State revenue stream OK but ‘fragile’Assuming strong oil prices, state will have plenty of cash for budgeting and can build its savings, revenue commissioner says Wesley Loy For Petroleum News
Prospects are decent for ample revenue to support state government and preserve savings through the year 2020, but Alaska’s finances will remain “fragile” due to heavy dependence on oil production, state Revenue Commissioner Pat Galvin says.
Revenue from oil production taxes, royalties, corporate in....
[additional news subjects in this story]
Oil production outlook Thoughts on oil prices Explorers trade tax credits for cash Priming the pump
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $69 per year.
Subscribers log in here to read the entire newspaper (1998 to 06/24/2013)
Print this story | Email it to an associate.
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnews.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.
| 