From the transcript

And a little bit like Alaska, one of the challenges that the local communities encountered is that most of their funding came from the property tax revenues from the COVID Point Terminal. And over the years, there were various disputes around taxable value, you know, what should be paid and as a result, a lot of the local communities had a very volatile and very difficult job in terms of planning revenues, expenditure for schools, so forth. So one of their reasons for moving to a PILT, payment in lieu of tax, was simply to overcome that kind of volatility in local funding. Which they'd experienced because of the property tax. And it's something that we talked about briefly yesterday, but, you know, one of the challenges around property tax is that it does not sit happily with this idea of fiscal stability, that, you know, it can be reevaluated, it can be changed, and, you know, it's difficult to plan for.