BLUE RIBBON COOL – Keet Gooshi Heen Elementary School students wear blue sunglasses and bead necklaces given to them as part of the Blue Ribbon celebration at the school today. In September the school was named one of three schools in Alaska and 353 across the nation to win the U.S. Department of Education’s Blue Ribbon Schools. The recognition as Exemplary High-Performing Schools was based on their overall academic performance as measured by state assessments or nationally normed tests. (Sentinel Photo by James Poulson)
By SHANNON HAUGLAND
Sentinel Staff Writer
At a sparsely attended meeting Thursday, the Assembly [ ... ]
By GARLAND KENNEDY
Sentinel Staff Writer
Well over 100 Sitkans attended a town hall-style prese [ ... ]
By ARIADNE WILL
Sentinel Staff Writer
The Planning Commission passed two conditional use permit [ ... ]
By SHANNON HAUGLAND
Sentinel Staff Writer
The single finalist in the Assembly’s search for a [ ... ]
By Sentinel Staff
A driver was medevacked early this morning following an accident in the 20 [ ... ]
By GARLAND KENNEDY
Sentinel Sports Editor
Competitors will line up Saturday for the 40th annual [ ... ]
By CLAIRE STREMPLE
Alaska Beacon
More Alaskans will be able to access food stamps following law [ ... ]
By JAMES BROOKS
Alaska Beacon
In the last days of their two-year session, Alaska lawmakers pass [ ... ]
Police Blotter
Sitka police received the following calls by 8 a.m. today:
May 16
At 12:41 a.m. a man wa [ ... ]
Climate Building Science
As we wean ourselves off of fossil fuels by electrifying our homes, we cons [ ... ]
By SHANNON HAUGLAND
Sentinel Staff Writer
A fire destroyed a small island house in Thimbleberry [ ... ]
By SHANNON HAUGLAND
Sentinel Staff Writer
U.S. Rep. Mary Peltola has included $5.8 million for [ ... ]
By SHANNON HAUGLAND
Sentinel Staff Writer
The city announced Wednesday that $62,795 was stolen [ ... ]
By GARLAND KENNEDY
Sentinel Staff Writer
A day of street performances, art, food and music, cap [ ... ]
By JAMES BROOKS,
CLAIRE STREMPLE and
YERETH ROSEN
Alaska Beacon
The 33rd Alaska State Legislature [ ... ]
By YERETH ROSEN
Alaska Beacon
The Alaska Legislature has passed a bill that combines carbon sto [ ... ]
Sitka police received the following calls by 8 a.m. today:
May 15
Shortly after noon, callers complain [ ... ]
U.S. Coast Guard
Sets Town Hall
On Boat Accident
The U.S. Coast Guard will hold a town hall 5-8 p.m. to [ ... ]
By SHANNON HAUGLAND
Sentinel Staff Writer
After four months of special meetings to review and d [ ... ]
By GARLAND KENNEDY
Sentinel Staff Writer
Living amid craggy peaks and remnant glaciers, Southea [ ... ]
By SHANNON HAUGLAND
Sentinel Staff Writer
In the play opening Thursday at the Sitka Performing [ ... ]
By CLAIRE STREMPLE
Alaska Beacon
A late-session attempt to salvage a proposal that would revive [ ... ]
Sitka police received the following calls by 8 a.m. today:
May 14
At 7:46 a.m. a reckless driver was r [ ... ]
Life Celebration
For Carl Peterson
The family of Carl Peterson, 85, will have a celebration of his lif [ ... ]
Daily Sitka Sentinel
Save It or Spend It – Sitkans State PFD Plans
By SHANNON HAUGLAND
Sentinel Staff Writer
Disbursements of Permanent Fund Dividend checks – for $1,600 each – began today for the more than 600,000 eligible Alaska residents.
And Sitkans had no end of ideas of how to spend the money – or not.
This year’s payout is up by 45 percent from last year’s $1,100 to each of the state’s 615,590 eligible residents.
The state used a five-year rolling average to calculate the fund market value, with a 5.25 percent withdrawal that was divided between PFDs and state operations. The dividend was originally expected to be $2,700 this year, but was decreased under a new formula.
The state issued 70,452 printed checks and 523,012 direct deposits to residents’ bank accounts.
Sitka Sen. Bert Stedman said the Permament Fund is a great asset for the state, but says fixes to the system are needed.
“The great thing about the Permanent Fund is, when you have a finite resource – in this case oil – it saves some of the value for future generations,” he said. “The concern I have with the 5.25 payout is it’s too high and the current generation is using too much of the future value of the fund.”
He has pre-filed legislation for the upcoming session that would lower the drawdown to 4.5 percent, and divide it 50-50 with a minimum of 50 percent going to dividends. That would have increased the payout this year to $2,000.
He hopes lawmakers will pass his legislation for a more even split between dividends and government costs.
“The rest will go for schools, DOT, prisons, cops, general state overhead,” Stedman said.
Putting earnings into the pockets of residents makes sense, he said, because Alaska is the only state in the U.S. that owns the “subsurface.” In other states, the subsurface is privately owned.
As to how he’ll spend his own dividend, Stedman said, “I’ll give it to my wife; it goes to pay bills, general bills.”
Most of the Sitkans who spoke to the Sentinel today said they planned to spend their dividends on every day expenses. One lifelong Alaskan said she will divide her dividend check among charities, including Planned Parenthood.
Wendy Alderson, a full-time resident since 1995: “I am saving my Permanent Fund, I’m saving my husband’s Permanent Fund and I’m saving my daughter’s Permanent Fund, for a rainy day. We haven’t had very many lately but I know we’re due for one.”
Lester Hays, a 6-year resident: “Traveling.”
Patrick Swedeen, resident for 40 years: “I’m using it for our kids schooling; we have a couple of kids getting to college age, that’s the plan.”
Charla Bernhardt, a born and raised Sitkan: said she’ll be paying bills, and paying for food.
Kelsey Marks, a born and raised Sitkan: “I’ll probably use it to start up at UAS, taking classes at UAS.”
Robert Truman, raised in Sitka: “Travel ... to Las Vegas, Phoenix or Hood River, Oregon, and to visit family.”
Spencer Severson, resident since 1981: “Expenses. I have hardly any surplus. I’m impressed with people who are donating their PFDs; I always need it.”
Jamie Jackson, resident since 1980: “I’m spending it on my new house – buying the cabinets.
Ellie Schmidt, who hopes to be eligible for her first PFD next year, said she looks forward to spending her first one on the Alaska Airlines PFD sale. “And probably on rent, so I don’t have to work so much.”
Cliff Richter, a resident since 2004: the family’s PFDs go into savings “before it goes anywhere else ... before we make any decisions.”
Bobbi Jordan, resident for 26 years: “I am paying off my credit card for this month.”
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20 YEARS AGO
May 2004
Photo caption: Sara Roa wipes a tear as retiring Sheldon Jackson College Professor Mel Seifert accepts a citation honoring his 29 years of teaching at the college, during graduation ceremonies this morning at the Hames P.E. Center.
50 YEARS AGO
May 1974
From On the Go: Vyola Belle and Kybor are leaving the Canoe Club, where they’ve been cooking for the past two years. Vyola Belle will devote her time to her Maksoutoff Caterers and Kyber will become a chef for the Marine Highway System aboard the Wickersham.