Speaker A
68:30 - 68:50
"you can see the $535 million of royalties coming in, the PUMV transfer going out for a net change in fund balance of $6.8 billion. So you add that to the beginning balance of $85.1 to come to the $91.9 that we ended FY26."
“you can see the $535 million of royalties coming in, the PUMV transfer going out for a net change in fund balance of $6.8 billion. So you add that to the beginning balance of $85.1 to come to the $91.9 that we ended FY26.”
- Speaker
- Speaker A
- Timestamp
- 68:30 – 68:50
- Community
- Alaska News
- Location
- Juneau
- Captured at
- September 3, 2026
From the transcript
Uh, and then the very bottom of the balance sheet, this, um, is the changes in fund balance. This reflects the things that are not either a revenue or an expenditure but does impact, um, the fund balance during the year. So these are the transfers in of royalty revenue, uh, transfers out to, um, to the general fund primarily, and also that small transfer to the ACIF. So you can see the $535 million of royalties coming in, the PUMV transfer going out for a net change in fund balance of $6.8 billion. So you add that to the beginning balance of $85.1 to come to the $91.9 that we ended FY26.
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