
Peter Micciche
17:12 - 18:00
"As partners in the industry willing to support gas and much-needed commerce for Alaskans, we can make that work. I can look my constituents in the eye and explain with a high level of confidence that it will cover our costs in spite of the inevitable surprises we will find going forward."
“As partners in the industry willing to support gas and much-needed commerce for Alaskans, we can make that work. I can look my constituents in the eye and explain with a high level of confidence that it will cover our costs in spite of the inevitable surprises we will find going forward.”
As partners in the industry willing to support gas and much-needed commerce for Alaskans, we can make that work. I can look my constituents in the eye and explain with a high level of confidence that it will cover our costs in spite of the inevitable surprises we will find going forward. If there's a little left beyond that, perhaps over time we can afford to repair some schools, reconnect, repair, and pave a few roads, afford a new cell at the landfill, which will increase by approximately 12% because of this project, and help rebuild a community. Perhaps one day we'll be able to help solve affordable housing and energy issues and connect the 35% of the Kenai Peninsula that yet have natural gas today in 2026. The Kiski is a tiny community at the north end of the Kenai Peninsula.
Kenai Peninsula Borough Mayor Peter Micciche told the Alaska Senate Finance Committee Wednesday that the House version of the Alaska LNG tax bill provides a workable 70% property tax reduction, while the original 90% cut would have left local taxpayers subsidizing the project.

Legislative Finance Division analysis shows the alternative volumetric tax structure in Senate Bill 2001 would generate approximately $124 million annually when the full Alaska LNG project is operational, with Kenai Peninsula Borough receiving $55 million and North Slope Borough receiving $40 million based on capital expenditure weights.
