1:18
Nicholas Fulford
58:09 - 59:28
"if we were to delay any property tax collection until 2036, but but also ensure that that missing tax, for want of a better term, is collected over time, you know, what would that look like?"
“if we were to delay any property tax collection until 2036, but but also ensure that that missing tax, for want of a better term, is collected over time, you know, what would that look like?”
- Speaker
- Nicholas Fulford
- Timestamp
- 58:09 – 59:28
- Source
- SFIN-260528-0900
- Community
- Alaska News
- Captured at
- May 28, 2026
From the transcript
Thank you, Chair Hoffman. Just first, before we get into this slide, just to make it clear that this is simply an illustrative exercise to demonstrate how the timing of these taxation cash flows can matter quite a bit. So on the left-hand slide, the blue bars represent exactly what you saw on the last slide, which is the standard property tax application over time. So just from a— for a theoretical exercise, what I said was, well, if FID is in 2026 and construction starts and so forth, if we were to delay any property tax collection until 2036, but but also ensure that that missing tax, for want of a better term, is collected over time, you know, what would that look like? So obviously you've got on the orange line, or orange bars, you've got a lack of tax in the first 10 years, and then you've got an increased tax in the remaining years up to 2062, or whatever year you want to choose.