Beth Stewart
10:03 - 10:25
"it was about a $300 million increase in that lag reporting that would be in the financial statements if they had been received prior to that August 18th cutoff. Instead, this value will be in the FY '27 financial statements. So it's just timing"
“it was about a $300 million increase in that lag reporting that would be in the financial statements if they had been received prior to that August 18th cutoff. Instead, this value will be in the FY '27 financial statements. So it's just timing”
- Speaker
- Beth Stewart
- Timestamp
- 10:03 – 10:25
- Community
- Alaska News
- Location
- Juneau
- Captured at
- September 3, 2026
From the transcript
So it was about 200— I don't have the number— $260 million of your private equity came in. Subsequent to that August 18th close that increased the value of those. Um, overall, it was about a $300 million increase in that lag reporting that would be in the financial statements if they had been received prior to that August 18th cutoff. Instead, this value will be in the FY '27 financial statements. So it's just timing of The capital—.
Related Coverage
The Permanent Fund earned a record $8.2 billion the Legislature can appropriate
KPMG gave the Alaska Permanent Fund a clean audit for fiscal 2026, confirming a record $8.2 billion in statutory net income and a $91.9 billion fund. Trustees were told $10.6 billion remains uncommitted in the Earnings Reserve Account, which lawmakers can appropriate for dividends, state services and inflation-proofing.
by Walter AlaskaNews2w ago2 min read