2014 Permanent Fund Dividend is $1884

Below is a press release from the Office of the Governor announcing the amount of the PFD.

September 17, 2014, Anchorage, Alaska – Governor Sean Parnell today announced that the 2014 Permanent Fund Dividend (PFD) will be $1,884.00. The first dividends will be paid on October 2, when approximately 510,731 applicants will receive a direct deposit into their bank account, and 88,186 will be mailed a check. Paper checks will enter the U.S. mail system on October 2 from Juneau.

674,538 Alaskans applied for the 2014 dividend this year – an increase of approximately 1,587 applications from 2013.

More than $944.4 million will be directly deposited into Alaskans’ bank accounts this year, with a total distribution, including checks, of $1.1 billion. Beginning October 2, and continuing monthly thereafter, applications that become eligible will be paid either by check or direct deposit.

Alaskans wondering about their application status may use the “myPFDinfo” online portal. It is a quick and easy way to review current and prior year application information. To use this feature, applicants should visit pfd.alaska.gov and click on the blue “myPFDinfo” button. To log in, applicants will need an Alaska driver’s license, Alaska ID, or myAlaska credentials.

The Pick.Click.Give. program had 26,850 applicants go online and pledge 44,693 individual charitable contributions, amounting to approximately $2.8 million, the highest totals since the program began six years ago. 511 nonprofit organizations benefited from the voluntary program this year.

The fund has recovered from the losses of 2009. Following the Great Recession, on June 30, 2009, the fund had a balance of $29.9 billion. By June 30, 2014, the corporation had rebuilt and grown the fund to $51.2 billion – a 71% increase.

“I want to congratulate the staff and trustees of the Permanent Fund Corporation on meeting the financial challenges of the last 5 years and for building Alaskans’ fund into a legacy we can all be proud of. I also want to extend my thanks to the Department of Revenue staff who processed the many applications,” Governor Parnell said.

This year marks the 33rd dividend paid to Alaskans. An individual who qualified for all of the Permanent Fund Dividends to date has received $37,027.41. Following the 2014 dividend payment, the total funds disbursed to Alaskans by the division since inception of the dividend program, including the Resource Rebate, will total more than $21.9 billion.

Marine Transportation Advisory Board Meeting in Kodiak

The Marine Transportation Advisory Board (MTAB) held on of their regular board meetings in Kodiak on Tuesday, June 24th. The primary focus of their meeting was to discuss the progress of the Tustumena replacement project with representatives from the Department of Transportation (DOT&PF) and to engage the community during the process. For those of you that have not had a chance to see the replacement presentation, you can do so by clicking here. In summary, the proposed replacement vessel will be larger and faster. Specifically, the boat will be 34 feet longer, 12 feet wider, and two feet deeper in order to accommodate 76 more passengers, a larger elevator, and more staterooms. For more detailed information about the design, click on the link below.

Tustumena Design Public Meeting Comments May, 2014

The general timeline for the project is as follows:

  • Reconnaissance Report — March 2014
  • Public Participation — April-May 2014
  • Environmental Document — Summer 2014
  • Design Study Report — Fall 2014
  • Final Design Completion — Summer 2015

For further information, visit http://www.dot.state.ak.us/amhs/tusty_replace/index.shtml 

Ayakulik and Karluk Rivers Closed to Sport Fishing for King Salmon

Beginning at 12:01 a.m., Saturday, June 21, sport fishing for king salmon in the Ayakulik and the Karluk River drainages is closed. As an added measure to reduce the possibility of hooking mortality on incidentally caught king salmon, the use of bait is prohibited within Ayakulik River drainage, and within Karluk River drainage below Karluk Lake, include the Karluk Lagoon. Only single-hook artificial lures may be used in these areas.

The biological escapement goal (BEG) for Ayakulik River king salmon is 4,000 to 7,000 fish. The weir count on June 17 was 350 fish. The biological escapement goal (BEG) for Karluk River king salmon is 3,000 to 6,000 fish. The weir count on June 17 was 256 fish. Despite previous management actions to reduce king salmon mortality during the inriver sport fishery, the escapement goals for both rivers are not likely to be achieved.

For more information contact the Division of Sport Fish office in Kodiak at (907) 486-1880.