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Governor Dunleavy calls for $2500 Permanent Fund Dividend in 2022

Published: Feb. 17, 2022 at 5:02 PM AKST
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FAIRBANKS, Alaska (KTVF) - As the Alaska Legislature continues its 2022 session, Governor Mike Dunleavy held a press conference on Thursday, February 17, outlining the priorities of his budget.

At the conference, Dunleavy highlighted the budget surplus allowed by his proposal.

He also requested that the legislature pass a $2500 Permanent Fund Dividend (PFD) for 2022, along with $1200 to each Alaskan this spring to supplement 2021′s $1100 PFD.

While arguing the payments to Alaska residents are necessary because of ongoing nationwide inflation, the governor painted a positive image of Alaska’s economy.

“We’ve produced more revenue in the past year than we have in the history of the state of Alaska, through Permanent Fund, through investments, through production and price on the North Slope - and so again, the revenue picture as a result of those issues, has improved dramatically,” said Dunleavy.

According to the governor, the Permanent Fund’s balance currently stands at nearly $82 billion.

The full press conference can be found here.

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