Speaker A
28:47 - 29:25
"We collected $535 million in mineral revenues into the corpus. That's a little bit higher than last year and ahead of the spring revenue forecast. And we made 12 transfers to the general fund under the POMB construct totaling $3.8 billion in the year. Total return was 12.42%"
“We collected $535 million in mineral revenues into the corpus. That's a little bit higher than last year and ahead of the spring revenue forecast. And we made 12 transfers to the general fund under the POMB construct totaling $3.8 billion in the year. Total return was 12.42%”
- Speaker
- Speaker A
- Timestamp
- 28:47 – 29:25
- Community
- Alaska News
- Location
- Juneau
- Captured at
- September 3, 2026
From the transcript
We collected $535 million in mineral revenues into the corpus. That's a little bit higher than last year and ahead of the spring revenue forecast. And we made 12 transfers to the general fund under the POMB construct totaling $3.8 billion in the year. Total return was 12.42%, which in absolute terms is a very healthy, healthy return. There's only been a handful of times over the past 20 years that that the fund has exceeded that full return.
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