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0:21

Speaker A

42:53 - 43:15

"There's the $4 billion for the FY '27 general fund transfers that has been committed. It's been set aside from the realized earnings, and then leaving $10.6 billion in realized earnings and then an allocation of $3.5 billion of unrealized gains."

“There's the $4 billion for the FY '27 general fund transfers that has been committed. It's been set aside from the realized earnings, and then leaving $10.6 billion in realized earnings and then an allocation of $3.5 billion of unrealized gains.”
Speaker
Speaker A
Community
Alaska News
Location
Juneau
Captured at
September 3, 2026

From the transcript

The— excuse me— the green portion represents the earnings reserve account. There's 3 components to earnings reserve. There's the $4 billion for the FY '27 general fund transfers that has been committed. It's been set aside from the realized earnings, and then leaving $10.6 billion in realized earnings and then an allocation of $3.5 billion of unrealized gains.

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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.

Walter AlaskaNewsby Walter AlaskaNews2w ago2 min read
Alaska
Cover image for article: The Permanent Fund earned a record $8.2 billion the Legislature can appropriate