Spring revenue forecast down $300M from fallOil price is lower, although North Slope production higher, but overall state will be taking in less money than projected last year KRISTEN NELSON Petroleum News
A preliminary spring revenue forecast for Alaska, released March 21, drops fiscal year 2016 general fund unrestricted revenue to $1.3 billion, down almost $300 million from the fall forecast. The GFUR forecast for FY 2017 is $1.2 billion.
Revenue Commissioner Randall Hoffbeck said the forecast is t....
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