Video Clips
Quoted moments from Alaska public meetings, hearings, and press conferences.
0:35
Bert Stedman“we concluded after that meeting that the Department of Revenue and Natural Resources on the state level needs to put together an integrated financial model. And we had— we being LB&A had dialogue with administration and consultation with how the model works.”
SFIN-260529-0900 · May 29, 2026
0:52
Dan Stickel“we ran scenarios ranging from zero up to the 270 million incremental barrels of production. We ran scenarios for Prudhoe Bay looking at the zero oil impacts up to a 500 million barrel net reduction to oil production. And those scenarios, you know, they still show a positive impact to the state under our spring 2026 revenue forecast. If you were to assume higher oil prices, then yes, there are potential scenarios where the gas pipeline would be a net negative to state revenue.”
SFIN-260529-0900 · May 29, 2026
0:55
Dan Stickel“our official spring revenue forecast conservatively does not include any revenue from the AK LNG project or related development. And so what we do here is we show If the project were to proceed without tax modifications under our baseline set of assumptions around the project, which include a $46.2 billion real 2026 capital cost”
SFIN-260529-0900 · May 29, 2026
0:31
Dan Stickel“when I talked earlier about our need to develop regulations, this is an un— this is kind of an open question that we will need to address through regulations is exactly how we're going to set up that, that valuation methodology for the North Slope gas. So will we use the contracts? Will we do some sort of an average of the contracts? Will we incorporate some sort of a pro forma netback to the North Slope?”
SFIN-260529-0900 · May 29, 2026
0:27
Jesse Kiehl“Capacity is a good read on the question. Wasn't my intended question, so I'll clarify. Assuming the Department of Revenue and/or DNR's fiscal analyst, commercial analyst folks have the brainpower you need, legally and practically, will you have access to all of that information?”
SFIN-260529-0900 · May 29, 2026
0:40
Jesse Kiehl“how much help will your department be able to give a future legislature in this scenario? Will you be able to see all the way down into the corporate structures, all the way into the —gas sales agreements, potential gas supply arrangements, the equity terms on which other investors are entering. What— will you, will the Department of Revenue be able to give us fully informed advice, or will you be modeling based on what we mostly think?”
SFIN-260529-0900 · May 29, 2026
1:04
Dan Stickel“state revenue from property tax is estimated at $25 million initially, ramping up to $244 million by 2033 in full operations. And then we lay out here the, the municipal revenues associated with the AK LNG project, which would total $50 million initially, ramping up to nearly $500 million in 2033. So in total, once the project is at full capacity operations in 2033, we're looking at around $750 million per year of property tax revenue from the project to the state and municipalities if it were to go forward under current law.”
SFIN-260529-0900 · May 29, 2026
0:44
Aimee 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
0:35
Bo Sedillo-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
0:29
Aimee Williams“your total that was Approved last week was $13,779,556”
Assembly Special Meeting of May 28, 2026 · May 29, 2026
0:42
Aimee 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
0:13
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
Aimee 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
0:36
Aimee 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
0:27
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
Aimee 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
0:50
Aimee 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
0:19
Joe Meehan“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
0:31
Susan (Huna Totem Corporation)
“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
0:38
Susan (Huna Totem Corporation)
“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
0:49
Susan (Huna Totem Corporation)
“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
Susan (Huna Totem Corporation)
“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
Susan (Huna Totem Corporation)
“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
0:29
Matthew 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
0:47
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
0:54
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
1:01
Matthew 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
0:46
Matthew 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
0:49
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
0:37
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
0:43
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
