LUTHERAN QUILTERS – Members of the Quilts for Comfort Group stand between pews draped with some of the 205 quilts they made, in the Sitka Lutheran Church Tuesday. The group made the quilts for five local non-profits and one in Anchorage. The remaining quilts are sent to Lutheran World Relief which distributes them to places around the world in need, such as Ukraine, as part of Personal Care Kits. Pictured are, from left, Helen Cunningham, Kathleen Brandt,Vicki Swanson, Paulla Hardy, Kim Hunter, Linda Swanson and Sue Fleming. (Sentinel Photo by James Poulson)
By JAMES BROOKS
Alaska Beacon
Federal officials on Wednesday approved most of Alaska’s four-y [ ... ]
By SHANNON HAUGLAND
Sentinel Staff Writer
At an hour-long work session with the Assembly Tuesda [ ... ]
By GARLAND KENNEDY
Sentinel Sports Editor
The story behind a classic, though often misunderstoo [ ... ]
By CLAIRE STREMPLE
Alaska Beacon
The state government risks losing millions of dollars in feder [ ... ]
By JAMES BROOKS
Alaska Beacon
Alaska Gov. Mike Dunleavy on Wednesday signed a bill that promise [ ... ]
By YERETH ROSEN
Alaska Beacon
Alaska’s Tongass National Forest, known for its steep mountains [ ... ]
By Sentinel Staff
Playing Wednesday in competitive division City League volleyball matches, Ca [ ... ]
Police Blotter
Sitka police received the following calls by 8 a.m. today:
March 27
At 2:36 p.m. a dead [ ... ]
This Week in Girls on the Run
By Sitkans Against Family Violence
and The Pathways Coalition
During th [ ... ]
By GARLAND KENNEDY
Sentinel Staff Writer
The future of management and operations at the Perform [ ... ]
By Sentinel Staff
The Sitka Sound commercial herring sac roe fishery continued today with open [ ... ]
By GARLAND KENNEDY
Sentinel Sports Editor
After storming into the state 3A boys basketball brac [ ... ]
By Sentinel Staff
The Queen Bees’ spotless season record ended Tuesday night with a 2-1 loss [ ... ]
By SHIRLEY SNEVE
Indian Country Today
A major renovation at an Alaska museum to attract tourist [ ... ]
By CLAIRE STREMPLE
Alaska Beacon
A presentation about a jump in the number of inmate deaths in [ ... ]
By NATHANIEL HERZ
Northern Journal
Tribal and environmental advocates calling for a crackdown o [ ... ]
Police Blotter
Sitka police received the following calls by 8 a.m. today:
March 26
At 2:10 p.m. a man e [ ... ]
Big Rigs Sought
For April 13
The 3 to 5 Preschool’s spring fundraiser and Big Rig event is happening [ ... ]
By SHANNON HAUGLAND
Sentinel Staff Writer
The city’s reassessment of taxable real estate, alo [ ... ]
By Sentinel Staff
The third opening in this year’s Sitka Sound sac roe herring fishery was held Mon [ ... ]
By GARLAND KENNEDY
Sentinel Sports Editor
Sitka High’s Lady Wolves bounced back from an openi [ ... ]
By GARLAND KENNEDY
Sentinel ports Editor
Competing in the state 3A basketball tournament in Anc [ ... ]
By Sentinel Staff
Playing in a competitive division City League volleyball game Monday evening [ ... ]
By JAMES BROOKS
Alaska Beacon
A bill that passed the Alaska House of Representatives on Monday [ ... ]
Daily Sitka Sentinel
Alaskans Pocketing $3,284 PF Dividends
By MARK THIESSEN
The Associated Press
ANCHORAGE, Alaska (AP) — Nearly every single Alaskan got a financial windfall amounting to more than $3,000 Tuesday, the day the state began distributing payments from Alaska's investment fund that has been seeded with money from the state's oil riches.
The payments, officially called the Permanent Fund Dividend or the PFD locally, amounted to $2,622 — the highest amount ever. Alaska lawmakers added $662 as a one-time benefit to help residents with high energy costs.
A total of $1.6 billion in direct deposits began hitting bank accounts Tuesday, and checks will arrive later for those who opted for them.
Residents use the money in various ways, from buying big-screen TVs, vehicles or other goods, using it for vacations or putting it in savings or college funds. In rural Alaska, the money can help offset the enormous costs of fuel and food, like $14 for a 12-pack of soda, $4 for a celery bunch and $3 for a small container of Greek yogurt.
"We're experiencing record high inflation that we haven't seen since the first PFD was paid in 1982," Gov. Mike Dunleavy said in a video. "Alaskans have been bearing the brunt of this inflation from the gas pump to the grocery store, and this year's PFD will provide much needed relief as we head into winter."
The timing of the checks couldn't have come at a better time for those living on the state's vast western coast, which was devastated last weekend by the remnants of Typhoon Merbok. Damage to homes and infrastructure was widespread along a 1,000 miles (1,609 kilometers) of coastline.
Among the communities experiencing the greatest damage was Nome, the largest city on the coast with about 3,500 residents and known for being the end point of the world's most famous sled dog race.
Howard Farley, now 90, helped secure Nome as the Iditarod's finish line over 50 years ago. His century-old home was safe from the storm on high ground in Nome, but they did lose about 100 feet (30.48 meters) of frontage and one building at the family's camp site about 5 miles (8 kilometers) east of town.
"The beach is a lot closer," he said.
He said the payments — which would be more than $16,000 for a family of five — are much needed.
"Even people that didn't have damage, with the inflation up here, that's really, really hitting hard," he said.
Farley said gas is $7 a gallon and will remain that way until the next shipment arrives next spring because barges can't deliver once the Bering Sea freezes.
"The price won't go down like it does in Anchorage and other places because you guys can get deliveries almost any time," he said.
"What it will mean for a lot of families is that they can break even with the high prices we're paying," he said.
The oil-wealth check, which some in Alaska see as an entitlement, typically is derived from the earnings of the nest-egg investment account. The diversified fund was established during construction of the trans-Alaska pipeline in the 1970s and now is worth $73.6 billion.
There is a yearly application process and residency requirements to qualify for a dividend. Dividends traditionally have been paid using earnings from the Alaska Permanent Fund. Lawmakers in 2018 began using fund earnings to also help pay for government and sought to limit how much can be withdrawn from earnings for both purposes. The amount going to the dividend this year represents half the authorized draw.
Residents received the first check, $1,000, in 1982. Amounts have varied over the years, and traditionally were calculated on a five-year rolling average to buffer downturns in the economy.
The smallest check ever was $331 in 1983. The largest before this year's check was $2,072 in 2015. If someone has collected every check since 1982, it would amount to $47,049.
Mildred Jonathan, 74, and her husband, Alfred, 79, live about 100 miles (161 kilometers) west of the Canadian border in the interior Alaska village of Tanacross.
There will be no frivolous spending when they receive their paper check in October. Instead, the Jonathans' major purchase will be firewood.
"The wood I'm hoping to get is $1,600, and it's a 10-cord load," she said. "I'll survive the winter if I buy that."
Snow was already falling on nearby mountains, and temperatures in the Athabascan village during the winter are typically well below zero. "It's cold, cold, cold," she said.
Any money the couple have left over will go to a new hot water system, flooring for their home and Christmas gifts for their grandchildren, who want new phones.
Login Form
20 YEARS AGO
March 2004
Advertisement: Tea-Licious Tea House & Bakery 315 Lincoln Street Grand Opening! Freshly Baked Scones, Cakes & Pastries Innovative Salads, Soups & Sandwiches Harney & Sons Tea. Lunch * Afternoon Tea * Supper.
50 YEARS AGO
March 1974
Photo caption: National Republican Chairman George Bush takes a drink of water offered by Jan Craddick, Sitka delegate, during the Republican convention held here. Mrs. Craddick explained to Bush that the water was from Indian River, which means, according to local legend, that he will return.