Friday, September 5, 2008 - Page updated at 02:45 PM
E-mail article
Print view Share:
Digg
Newsvine
Alaskans to receive state payouts topping $3,200
It's the season for Alaskans to be rewarded just for living here and this year's take is extra sweet: $3,269, a record share of the state's oil wealth combined with a special cash payout to help with stratospheric energy prices.
Associated Press Writer
It's the season for Alaskans to be rewarded just for living here and this year's take is extra sweet: $3,269, a record share of the state's oil wealth combined with a special cash payout to help with stratospheric energy prices.
Lt. Gov. Sean Parnell announced Friday that every eligible man, woman and child will receive $2,069, thanks to this year's annual payment from the state's oil royalty program. On top of that, the checks will include an additional $1,200 from the state treasury to help offset soaring fuel prices.
The one-time energy boost was proposed by Gov. Sarah Palin in May and approved by state lawmakers last month. Palin has since been tapped as the running mate of Republican presidential nominee John McCain. It fell to Parnell to make Friday's announcement on the dividend because Palin is out of state.
"The royalty dollars that flow through the state are the people's wealth," said Parnell. "The $1,200 resource rebate goes to that philosophy."
In addition to the $1,200 payments, the Legislature also approved Palin's proposal to suspend the state's 8-cents-a-gallon gasoline tax for a year.
Past dividend payments ranged from $331 to $1,963 in 2000. Last year's payout was $1,654. People must live in Alaska one calendar year to qualify. For residents in Alaska's rural communities, the money can't arrive at a more crucial time.
"When it gets real cold in winter, it can take five gallons of fuel for heating overnight," said Wanda Sue Page, who lives in the Arctic village of Noatak, where residents pay more than $9 a gallon for gasoline and nearly $10 a gallon for heating oil.
"I'm going to fill my 52-gallon tank up to the top and put the heat up real high," Page said. "And when it gets empty, I'm going to fill it again."
In all, 610,768 people are receiving the dividend this year. The state's estimated population is just under 680,000.
The fund was established in 1976 after North Slope oil was discovered. Including the upcoming dividends, the fund has yielded $16.5 billion to Alaskans since the first payout of $1,000 in 1982, according to the state Revenue Department.
That's not counting this year's extra energy relief money, which alone totals $730 million.
Sam Shields, who lives in the Kuskokwim River town of Bethel, said the state money is desperately needed in his community, where he recently saw a whole chicken selling for $23 at the local grocery store.
![]()
"Everyone around here was happy to hear how much we're getting," he said. "Mainly everybody here is saying they're going to use it on fuel."
---
On the Net:
Alaska Permanent Fund Corp.: http://www.pfd.state.ak.us
Copyright © 2008 The Seattle Times Company
A Bing deal for Microsoft, News Corp.?
Amazon, Wal-Mart escalate Web price war
6.8-magnitude quake rattles Tonga
8 charged in probe of terrorism-recruiting network in U.S.
Hate crimes against gays, religious groups up, FBI says

This feature requires Flash 7.
Top video | World | Science / Tech | Entertainment
general classifieds
Garage & estate salesFurniture & home furnishings
Sporting goods
just listed
6.5 kw Kohler gas generator - $599
Alto Saxophone - $400
ATV POLARIS TRAILBLAZER - $1800
More listings
POST A FREE LISTING
shopping
events for Tuesday, Nov. 24
- November happy hours and Thanksgiving weekend...
- Seattle Premium Outlets Midnight Madness Sale...
- Two-week opening at Midori Inc.
- Fall/Winter Sale at Clover
editors' picks
- Independent bookstores
- Vintage, consignment and used clothing
- Local jewelry designers
- Neighborhood shopping
- Two men in Everett shoot each other early today
- Steve Kelley | Next Seahawks GM should be Mike Holmgren
- Mariners Blog | Jose Lopez appears to be on his way out
- Illegal workers quietly let go
- Amazon, Wal-Mart escalate Web price war
- As glam as he wants to be: Adam Lambert's real debut
- Sprouts, raw fish on attorney's 'do not eat' list
- Bellevue Blog | Bellevue residents blast new bikini espresso stand
- Big demand, grim outlook for state Basic Health Plan
- Husky Men's Basketball Blog | An interview with Enes Kanter's coach
- Sprouts, raw fish on attorney's 'do not eat' list
- Tattoos at Mill Creek church pierce skin, soul
- Food-safety lawyer's wish: Put me out of business
- Illegal workers quietly let go
- Architects, chefs find 'kid' within to build Gingerbread Village
- Nicole Brodeur | Homeless woman bent on giving
- Portland cafe's specialty: medical-marijuana tokes
- Big demand, grim outlook for state Basic Health Plan
- Hutch gets $10M from Bezos family for immunotherapy research
- Rediscovering Moab, 'the most beautiful place on Earth'
