FAMILY FUN – Crystal Johns holds her son Zayne , 2, as she follows her son Ezekiel, 4, up an inflatable slide Saturday at Xoots Elementary School during the annual Spring Carnival. The event included games, prizes, cotton candy, and karaoke. (Sentinel Photo by James Poulson)
By SHANNON HAUGLAND
Sentinel Staff Writer
Rep. Rebecca Himschoot says in the discussion on educ [ ... ]
By GARLAND KENNEDY
Sentinel Staff Writer
Song, dance and a cast of school-aged actors will brin [ ... ]
By SHANNON HAUGLAND
Sentinel Staff Writer
Don’t talk to people claiming to be from Medicare o [ ... ]
By JAMES BROOKS
Alaska Beacon
The Alaska House of Representatives voted Wednesday to allow comp [ ... ]
By YERETH ROSEN
Alaska Beacon
The U.S. Army Corps of Engineers has dismissed an appeal filed by [ ... ]
Mr. Whitekeys
In Sitka to Tell
Gold Rush Tale
Sitka Historical Society and Museum will present ‘‘Th [ ... ]
Sitka police received the following calls by 8 a.m. today:
April 17
At 9:08 a.m. a transformer was r [ ... ]
By SHANNON HAUGLAND
Sentinel Staff Writer
The threat of major cutbacks to the subsistence socke [ ... ]
By SHANNON HAUGLAND
Sentinel Staff Writer
With the first vote on the city budget for fiscal yea [ ... ]
By Sentinel Staff
In the final day of play in the recreational division City League volleyball [ ... ]
By GARLAND KENNEDY
Sentinel Sports Editor
Three amateur athletes from Sitka were among tens of [ ... ]
By CLAIRE STREMPLE
Alaska Beacon
A proposal to require Alaska schools to keep opioid-overdose-r [ ... ]
By YERETH ROSEN
Alaska Beacon
Alaska’s Kobuk River, which flows out of the Brooks Range above [ ... ]
Police Blotter
Sitka police received the following calls by 8 a.m. today:
April 16
At 8:07 a.m. a woman [ ... ]
Presentation On
Medicare, SS
SouthEast Alaska Regional Health Consortium and Cynthia Gibson, CFP®, an [ ... ]
By SHANNON HAUGLAND
Sentinel Staff Writer
Musicians from Sitka High and Mt. Edgecumbe High scho [ ... ]
By SHANNON HAUGLAND
Sentinel Staff Writer
Whether you enjoy scaling mountains, walking in the p [ ... ]
By GARLAND KENNEDY
Sentinel Sports Editor
Two-time Alpine Adventure Run winner Chris Brenk cont [ ... ]
By CLAIRE STREMPLE
Alaska Beacon
Republican members of the House Judiciary Committee expanded a [ ... ]
By JAMES BROOKS and
CLAIRE STREMPLE
The Alaska Department of Education and Early Development is [ ... ]
Sitka police received the following calls by 8 a.m. today:
April 15
A protective order was issued at 1 [ ... ]
Chamber Speaker
Event Wednesday
The Chamber of Commerce speaker series will continue noon Wednesday at [ ... ]
By GARLAND KENNEDY
Sentinel Staff Writer
From high costs and low availability to challenges sur [ ... ]
By SHANNON HAUGLAND
Sentinel Staff Writer
A number of participants at Thursday’s community me [ ... ]
Daily Sitka Sentinel
Alaska’s Oil Revenues Forecast to Dip $200M
ANCHORAGE (AP) — Alaska’s latest revenue forecast has estimated a $200 million decrease in oil revenue after an excess of the resource contributed to lower prices worldwide, state officials said.
The state Department of Revenue released the forecast Friday revealing both prices and production are running below expectations presenting challenges for state officials planning next year’s budget, officials said.
The Alaska North Slope oil price is forecast to decline from the $66 originally projected in the spring to $63.54 a barrel before July 1 and $59 after July 1, department officials said.
Meanwhile, oil production is also expected to decline from 541,000 barrels to 492,100 barrels each day, officials said.
The estimated revenue reduction “is a sobering fact in Alaska’s fiscal reality. It is but another example of why fiscal discipline must be the cornerstone of a long-term fiscal plan,” Republican state Rep. Cathy Tilton told the Anchorage Daily News.
Republican Gov. Mike Dunleavy is expected to introduce a preliminary version of the 2021 budget next week based on the forecast, state officials said. The state Legislature is expected to start considering his proposal when it convenes in January, officials said.
The new projections “are very disappointing but not unexpected,” Alaska Policy Forum executive director Bethany Marcum said. She added that the forum believes “reducing spending will be a necessity again in the next legislative session.”
The Department of Revenue was conservative in future oil production projections, particularly as new fields could come online on the North Slope, said Ed King, an Alaska-based economist.
“New fields offer tremendous potential to increase production later in the 2020s but these developments are still contingent on final investment decisions and commitment of billions of dollars of new investments on the part of oil and gas producers,” Interim Revenue Commissioner Michael Barnhill said.
“My administration uses these numbers to prepare the budget, we also understand they can and do fluctuate. An additional forecast will be out this spring that will provide more accurate information for the FY21 budget,” Dunleavy said.
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20 YEARS AGO
April 2004
The 7th Annual Honoring Women dinner will feature Roberta Sue Kitka, ANS Camp 4; Rose MacIntyre, U.S. Coast Guard Spouses and Women’s Association; Christine McLeod Pate, SAFV; Marta Ryman, Soroptimists; and Mary Sarvela (in memoriam), Sitka Woman’s Club.
50 YEARS AGO
April 1974
Eighth-graders Joanna Hearn and Gwen Marshall and sixth-graders Annabelle Korthals, Jennifer Lewis and Marianne Mulder have straight A’s (4.00) for the third quarter at Blatchley Junior High.