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For several years, a draw from the Permanent Fund has made up a large part of the state's spending on services like education and public safety. This year, the $1,312 dividend will amount to more than $881 million in total state spending, with more than 600,000 Alaskans eligible for the payment.
The 2023 Permanent Fund Dividend amount is $1,312.00.
Lawmakers had discussed a potential $500 increase to dividend amounts if the price of oil maintained a level of around $83 per barrel, but that would apply to checks issued in 2024. Last year, eligible Alaskans received a $3,284 PFD, which included a $650 energy relief check.
Permanent Fund Dividends per Alaskan are set to be $1,304 in fiscal 2024. The fiscal 2024 budget prioritizes investments in public safety, public education, and economic development.
Residents have received the check known as the Permanent Fund Dividend since 1982, roughly six years after voters in the early days of oil development in Alaska created the nest-egg Permanent Fund to preserve some of the oil wealth for future generations.
Thursday, September 21, 2023 (Juneau, AK) ? Today the Department of Revenue announced the calculation of the 2023 Permanent Fund Dividend (PFD) as $1,312. The amount allocated for the dividend has been determined each year since 2016 by the Alaska Legislature.
Permanent Fund Dividends per Alaskan are set to be $1,304 in fiscal 2024. The fiscal 2024 budget prioritizes investments in public safety, public education, and economic development.
The Political Cost of the Benefit Is High. Oct. 5, 2023, at a.m.