AlaskaNews
My Feed

Content discovery

Topics

Issues and interests

Locations

News by place

Organizations

Agencies, boards, and groups

Elections

Elections and time-bounded civic events

Calendar

Upcoming meetings and civic events

Source material

People

People quoted on the platform

Transcripts

Search every public meeting (subscribers)

Video Clips

Quoted moments on video

Photos

Community gallery

Podcasts

Articles read aloud

How It WorksLog inSign up
AlaskaNewsAlaska News

Local news, from the source.

Public meetings deserve coverage.
Every claim links to the original source.

Browse

  • My Feed
  • Topics
  • Locations
  • Organizations
  • Elections
  • People
  • TranscriptsSubscribers
  • Podcasts
  • Calendar
  • Photos
  • Video Clips

Get involved

  • Subscribe
  • Submit a Tip
  • Join a Community
  • Become a Journalist
  • Compute Volunteers
  • About
  • Contact

Resources

  • RSS
  • How It Works
  • API
  • Privacy
  • Terms

© 2026 Communities News LLC. All rights reserved.

Part of the Communities News platform

Video Clips

Quoted moments from Alaska public meetings, hearings, and press conferences.

0:57

Bert Stedman

“Senator Hoffman and myself had a meeting with the Governor yesterday and expressed an interest in having accurate numbers for the modeling so we can make financial decisions. 'Cause you can't make good financial decisions without having the information.”

SFIN-260529-0900 · May 29, 2026

0:29

Amy Williams

“your total that was Approved last week was $13,779,556”

Assembly Special Meeting of May 28, 2026 · May 29, 2026

0:35

Bo Whiteside

“if we were to keep the mill rate static, that doesn't mean people's Property taxes do not go up. Assessments go up. That means you are paying more.”

Assembly Special Meeting of May 28, 2026 · May 29, 2026

0:44

Amy Williams

“there are every variety of, um, alternate scenario that you can imagine by putting in any number that you can think of into facilities maintenance that will change the mill rate.”

Assembly Special Meeting of May 28, 2026 · May 29, 2026

0:36

Amy Williams

“by adding those now, that's in the MAPTR limit, and it helps us fully fund MAPTR and takes it out of the need to do a budget amendment.”

Assembly Special Meeting of May 28, 2026 · May 29, 2026

0:42

Amy Williams

“That does not put money into R&R, but in order to do the projects that we have scheduled, we have enough money in that fund to cover that.”

Assembly Special Meeting of May 28, 2026 · May 29, 2026

0:50

Amy Williams

“For a mill rate, our current mill rate in the borough is 8.91. As the budget stands right now, without using any facilities fund interest, we are about at a 9.36.”

Assembly Special Meeting of May 28, 2026 · May 29, 2026

0:27

Scott Smiley

“I think the more important issue here is the amount that we're directed towards MAPTR for next year. We really hamstring ourselves at $16.665, whereas at $17.290, we're doing a lot better for next year.”

Assembly Special Meeting of May 28, 2026 · May 29, 2026

0:29

Amy Williams

“When we put money into facility or into R&R, it causes us to collect, it doesn't affect the mill rate in a positive way. It makes it go up.”

Assembly Special Meeting of May 28, 2026 · May 29, 2026

0:13

Scott Smiley

“We need that cash to lower the mill rate a little bit and to make sure we're doing MAPTR the right way.”

Assembly Special Meeting of May 28, 2026 · May 29, 2026

0:24

Amy Williams

“The numbers that are in front of you once again do include adding the, um, staff, um, cost of living raise that would take place on July 1st.”

Assembly Special Meeting of May 28, 2026 · May 29, 2026

0:38

Speaker A

“we're increasing downtown parking, we're increasing the public event space. Maritime Festival just happened. Brew Fest is something— is a popular annual event that would like to use this site.”

05.21.26 RDC Breakfast Forum: Huna Totem Corporation · May 21, 2026

0:31

Speaker A

“In April, we signed the tideland lease with the City and Borough of Juneau. The conditional use permits were actually issued in 2023. So this has been— we've had, we've, we've had to exercise patience, but as we sign that lease, reconfirm our preferential use commitments with cruise lines, and shore up our financing, we are really excited about digging dirt, driving pilings, and getting this project to completion.”

05.21.26 RDC Breakfast Forum: Huna Totem Corporation · May 21, 2026

0:19

Joe

“Susan, don't get too patient. You know, that's how things lag, and that's not what Alaska needs right now. So keep, keep pushing hard.”

05.21.26 RDC Breakfast Forum: Huna Totem Corporation · May 21, 2026

0:49

Speaker A

“Oak Landing, a development in downtown Juneau. I've been impatient, and as I stand here next to my friend Joe and think about the 15 years that it took to get your development timeline, I maybe need to take a breath and be a little more patient. But this Cruise ship dock and waterfront development in downtown Juneau will be the 5th dock in a community that has a 5-ship limit, but only 4 local docks in the downtown area.”

05.21.26 RDC Breakfast Forum: Huna Totem Corporation · May 21, 2026

0:30

Speaker A

“We've been working very carefully with them to be sure that their anticipated pier that will accommodate the icebreaker Storis and any future vessels are compatible with our plans and positioning of the dock.”

05.21.26 RDC Breakfast Forum: Huna Totem Corporation · May 21, 2026

0:38

Speaker A

“unlike other docks in Juneau and more similar to our development in Hoonah, there'll be some waterfront dining, waterfront retail, extension of the sea— very popular with residents and visitors— seawalk around the perimeter of the site.”

05.21.26 RDC Breakfast Forum: Huna Totem Corporation · May 21, 2026

1:06

Grier Hopkins

“the spur line in this language as it is right now is— it's an eligibility requirement. If the spur line is not being permitted by the developer, by the time that they're getting constructed, they would not get access to the full tax break that is being debated”

House Finance, 5/28/26, 1:30pm · May 28, 2026

0:43

Grier Hopkins

“The spur line also has a defined timeline in this language, which is very important. So we're not waiting a decade further, but we wanted to make sure that we, uh, or rather, we agreed with Glenn Farn that we don't want to necessarily constrain construction— define that we— the spur line must be built in order to get the tax by the time the main line— the tax break by the time the main line is turned on. So with that, we're working on permitting language.”

House Finance, 5/28/26, 1:30pm · May 28, 2026

0:47

Grier Hopkins

“We are currently paying between $24 and $26 per MCF for natural gas for our 3,500 ratepayers in the Interior Gas Utility System.”

House Finance, 5/28/26, 1:30pm · May 28, 2026

0:35

Frank Richards

“The option that we're talking about here is— will be provided to the state of Alaska in whole. And what I mean by that is not only to the state legislature, but also to Alaskan corporations and hopefully Alaskans themselves”

House Finance, 5/28/26, 1:30pm · May 28, 2026

1:01

Matt Kissinger

“Everything that we can needs to be tight, needs to be fiscally certain to the extent that we can make it so, and also needs to be helping us become more and more competitive so that we can get those other investors in and ultimately not be fully diluted in doing so”

House Finance, 5/28/26, 1:30pm · May 28, 2026

0:30

Grier Hopkins

“Allowing us to have that flexibility with a good sunset on that of 10 years is really important for us to ensure that our impacts get covered as well as the ratepayers see a strong benefit.”

House Finance, 5/28/26, 1:30pm · May 28, 2026

0:54

Grier Hopkins

“if we're forced to be taxed under the current language of the full 20 mills, it would add in the neighborhood of $500 per year to each local IGU ratepayer. That language is really important to give us the flexibility in that from that amendment to figure out a payment in lieu of taxes”

House Finance, 5/28/26, 1:30pm · May 28, 2026

0:23

Grier Hopkins

“this has been a major concern for us for 12 years. How are we going to get access to the gas once it was routed away from us? And this language that we see in there today is the best thing that we have seen for our community going forward.”

House Finance, 5/28/26, 1:30pm · May 28, 2026

0:37

Frank Richards

“we're looking at ways now to potentially— because we know that cash is very tight within the state based on our budgets, that we're looking for ways to use in-kind contributions. And so you saw that there were new regulations coming out from the Department of Natural Resources for materials, in this case gravel, that could be provided to state corporation, meaning AGDC, that could provide to the project and get an equity position from that contribution”

House Finance, 5/28/26, 1:30pm · May 28, 2026

0:49

Grier Hopkins

“if Fairbanks had to pay for the spur line, then, you know, we should make sure that Anchorage pays for the Anchorage spur line, which would be everything south of Fairbanks. The joke might fall on deaf ears here, but the reality is if we have to pay for a $200 million line across 3,500 ratepayers in the Fairbanks-North Starborough area that gas would not come in economic for people to use. So that tariff being rolled in statewide, system-wide, in the language that is in there currently, is essential”

House Finance, 5/28/26, 1:30pm · May 28, 2026

0:50

Frank Richards

“the legislative bonding approvals that were granted to AGDC in— under Alaska Statute 3125 is, as Matt described, as revenue bonds. So AGDC does not have the ability to put forward bonds that obligates the State of Alaska for bond payments”

House Finance, 5/28/26, 1:30pm · May 28, 2026

0:46

Matt Kissinger

“in addition to our developer, you know, ownership of 25% of 8Star Alaska, underneath that, as new investors come into the subsidiaries and equity is issued from those subsidiaries in exchange for capital, we will have the right to participate in that issuance of equity from a minimum of 5% up to 25%”

House Finance, 5/28/26, 1:30pm · May 28, 2026

0:29

Matt Kissinger

“this is a contractual option, but it's not an obligation. This is very different than the model under the producers back when the state was a 25% payer. The state would have been subject to cash calls going forward, would have been subject to default provisions should they not pay into those cash calls. We don't have any of that structured into this.”

House Finance, 5/28/26, 1:30pm · May 28, 2026

0:28

Matt Kissinger

“even as 8 Star Alaska gets further and further diluted, we can always maintain our 25% by paying and purchasing it, which is where we would have already been if we were under the earlier models of this project”

House Finance, 5/28/26, 1:30pm · May 28, 2026

0:21

Frank Richards

“when that preemptive rights are offered to AGDC, we will then notify the legislature of this opportunity. And then it will be up to the legislature to make that decision if it chooses to invest”

House Finance, 5/28/26, 1:30pm · May 28, 2026

0:21

Matt Kissinger

“we have as AGDC, even prior to Glenfarm coming into the project, we've put out there this assumption of $1.50 and I think we are still confidently within that assumption range.”

HFIN-260527-1330 · May 27, 2026

0:48

Frank Richards

“the original legislation that created AGDC gave AGDC essentially tax-exempt status should we have ownership in the project during construction. And then it was going to fall to the tax structure under 4356 for oil and gas property taxes. Now, the, the concept that is now in front of us with House Bill 381, this alternative volumetric tax, would— is really going to be based on the volumes of gas flowing out of the project.”

HFIN-260527-1330 · May 27, 2026

0:30

Will Stapp

“I think it probably would have been helpful to give some sort of structure. What we have before us is a volumetric structure. I think it's totally fine because it helps de-risk the project to capital cost overruns. But I still don't see— I mean, it probably would have been helpful, I think, for members of the committee, for you guys, even though I know you were out doing other things, because I remember those discussions very well, to perhaps at least bring a little bit of a framework to us.”

HFIN-260527-1330 · May 27, 2026

0:42

Nicholas Fulford

“if they do achieve Phase 2 FID on a cost of $2.36 billion per MTPA, then that suggests that Alaska potentially has a lot more headroom than previously believed, because if they can invest that and sell LNG profitably into Asia, with a $47 billion equivalent just for the LNG, that suggests that the economics of Alaska might be stronger than previously believed.”

SFIN-260528-0900 · May 28, 2026

0:43

Jesse Kiehl

“there's an ultimate cap on on what that tariff can be and it's imported LNG. Because the RCA is only ever gonna approve what's reasonable and necessary. And if, you know, the cost overrun example on slide 4 today were to hit an in-state 42-inch pipe with only in-state consumers, I worry that we have a half-built project and no chance of an approved tariff that could pay for the cost overruns.”

SFIN-260528-0900 · May 28, 2026

0:46

Bert Stedman

“what's not straightforward is 70% of 45, which is about $30 billion in debt, And a more realistic number, just dealing with some of the cost escalations, uh, is in the neighborhood of $60 billion, maybe over, because from what we understand, that, uh, construction and pipeline construction costs have escalated a little faster than inflation. So it's probably somewhere north of $60, but just using $60, that's a debt increase of $12 billion. $12 Billion is a big cash flow payment to meet in and of itself.”

SFIN-260528-0900 · May 28, 2026

1:02

Nicholas Fulford

“given the scale of the project, is debt funding. As we've discussed, in a project of this sort, probably be 60, 70% maybe even more, financed on what they call a non-recourse basis. So this would be off balance sheet, so companies would contract with a consortium of banks that would lend the money and would take some degree of risk themselves.”

SFIN-260528-0900 · May 28, 2026

1:06

Nicholas Fulford

“the current property tax projection up until 2062 would amount to just over $23 billion of revenue, of which about a third would go to the state and about two-thirds goes to local communities along the line and affected host communities. The volumetric tax in— certainly in the original bill set at 6 cents comes to about $2.6 billion.”

SFIN-260528-0900 · May 28, 2026

0:45

Lyman Hoffman

“these people are out, you know, are getting some breaks, yet we're sitting here arguing, should we give breaks to building our pipeline in the harshest conditions and, you know, maybe very limited building seasons of time when they have to put that pipeline in the ground.”

SFIN-260528-0900 · May 28, 2026

0:47

Nicholas Fulford

“That's a good summary. What I would say is that that remaining 2 mils, from what I understand, And I don't have detailed numbers on this, but from what I understand, through various other tax exemptions and local arrangements, I think most of the rest of that 2 mils disappears as well. So I think you could almost regard Louisiana as being a full property tax holiday for 10 years”

SFIN-260528-0900 · May 28, 2026

0:21

Bert Stedman

“Louisiana, so they basically go from 10 mils down to 2 mils for 10 years roughly, and then there's some fluctuations around there? Is that kind of their basic structure?”

SFIN-260528-0900 · May 28, 2026

1:14

Nicholas Fulford

“the property tax rate is 10 mils rather than 20, and there are differences in the way in which the taxable value of the facility is calculated. But you can see there, um, you know, Sabine, which is being expanded, Cameron, Calcasieu, and Plaquemine, they're all existing LNG projects. And you can see there on the chart the value of the property tax concession for those companies is, is quite substantial.”

SFIN-260528-0900 · May 28, 2026

0:44

Bert Stedman

“the issue I think that we'll be faced with at some point is a discussion on the state's position being diluted. And the only way you can keep it from being diluted is pony up your portion of the cash, generally speaking.”

SFIN-260528-0900 · May 28, 2026

0:37

Bert Stedman

“just assume it's $60 billion, and at 70/30, that's $18 billion in equity. Somebody's got to put down $18 billion in cash. I would expect the guy that comes to the table with $18 billion, the guy with the gold makes the golden rules, is going to want a significant majority of the equity position or he won't put his $18 billion on the table, he'll go somewhere else. Therein lies a dilution problem or a challenge.”

SFIN-260528-0900 · May 28, 2026

0:33

Bert Stedman

“I think some of the other committees have used a number of about $12 billion for the in-state gas line, not $10 billion. So that's, you know, a significant increase right there. And then 20-year government bonds plus 3/8 is roughly 5.5 for your interest rate.”

SFIN-260528-0900 · May 28, 2026

0:25

Nicholas Fulford

“one of the interesting things that we began to talk about yesterday was capital cost. Obviously it's been a very significant element of the debate over the last few weeks, both within the Senate and the other committees.”

SFIN-260528-0900 · May 28, 2026

← NewerOlder →