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Video Clips/Andy Josephson
0:53

Andy Josephson

123:18 - 124:11

"when I look at slide 8, these are remarkably low numbers to me. I understand this is debt to equity, so you're talking about 30% of the cost of the project, as I understand it. And then 25% of the 30%."

“when I look at slide 8, these are remarkably low numbers to me. I understand this is debt to equity, so you're talking about 30% of the cost of the project, as I understand it. And then 25% of the 30%.”
Speaker
Andy Josephson
Timestamp
123:18 – 124:11
Source
House Finance, 5/21/26, 1:30pm
Community
Alaska News
Captured at
May 21, 2026

From the transcript

Well, of course, the last sentence from Mr. Stickel is concerning, but I must say, Mr. Stickel, when I look at slide 8, these are remarkably low numbers to me. I understand this is debt to equity, so you're talking about 30% of the cost of the project, as I understand it. And then 25% of the 30%. I think it was Callan that testifies to this committee annually, talked about— when I asked where would we get these resources, they said, well, they recommended overdrawing the ERA. I know that's sacrilege to talk about, and it will be left for the next legislature But I'm just struck by how low these numbers are.

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View full transcript