There’s finally reason for some optimism from Juneau

Let's be optimistic — cautiously — about our state's economic outlook. In Juneau, it appears the Legislature may be close, after a lot of wrangling, to finalizing a key part of a fiscal strategy, a structured plan to use part of the Permanent Fund's hefty earnings to help support the state budget.

Our hopes may yet be dashed but I believe we're close to accomplishing this.

The key part is a percent-of-market-value, or POMV, annual draw from the Fund's earnings, a procedure commonly...

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