HB115 - House Finance
  • 4.75% POMV
  • Dividend calculated as 33% of draw
  • Plan also includes $650M of income tax revenues: 15% of federal liability
  • Long-term fund growth rate of 2.9%
SB26 - Governor's Plan
  • 5.25% POMV for 3 years, then reduced to 5%
  • Dividend fixed at $1000 for 3 years, then 25% of draw
  • Draw reduced if oil revenue above $1.2B
  • $4.1B spending limit
  • Plan also targets $750M in cuts over 3 years (not in bill)
  • Long-term fund growth rate of 2.6%
SB21 - Sen. Bert Stedman
  • 4.5% POMV
  • Dividend at least 50% of draw
  • Long-term fund growth rate of 2.9%
Status Quo
  • Deficit draws from savings in the Constitutional Budget Reserve, which runs dry mid-2019. Subsequent unstructured spending of Permanent Fund jeopardizes fund and dividend program.
$ Billion

FY18 Deficit


Permanent Fund Dividend

Annual Fund Growth

Cuts, New Revenues & Savings

General Fund Revenues
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