0:37
Dan Stickel
18:21 - 18:59
"the state starts out receiving about 9% of the AVT revenue. That will drop to 5% with the first doubling of the tax rate."
“the state starts out receiving about 9% of the AVT revenue. That will drop to 5% with the first doubling of the tax rate.”
- Speaker
- Dan Stickel
- Timestamp
- 18:21 – 18:59
- Community
- Alaska News
- Location
- Alaska
- Captured at
- June 27, 2026
From the transcript
$100 Million per year from the alternative volumetric tax since that second step-up goes entirely to the state. And so the— I guess a key point here with the different changes in how the AVT is shared over time is the portion of the revenue that goes to each municipality changes over time with the various step-ups. Then also for the state. So the state starts out receiving about 9% of the AVT revenue. That will drop to 5% with the first doubling of the tax rate.