Alaska became suddenly and surprisingly rich in the early 1980s, with oil revenues from Prudhoe Bay paying for almost all state operations, picking up some of the costs of local government, creating a huge state savings account, paying all Alaskans annual cash dividends, and eliminating the need for state personal income taxes. The smaller…

This annual report of the recently established Alaska Day Care Assistance Program describes the system of state subsidies instituted to encourage local government participation in the delivery of day care services. Established to aid low-income families in providing for adequate child care, the program is administered by the state Department of…

Information is provided on the budgeting formula developed for funding Alaska's community colleges. After the history of formula budgeting is discussed, its purposes are highlighted (i.e., to provide equity of funding among the community colleges; to reduce uncertainty in and to simplify the budgeting process; and to provide for more local…

This paper examines the development of Alaska's Public School Fund, its current status, and its potential as a major revenue source for elementary and secondary education. The fund, which was created following the 1915 federal school lands grant to Alaska, is examined for the 1916-58 territorial period, the 1959-78 early statehood period, and the…

This annual report describes activities and accomplishments during fiscal year 1995 of the Alaska Commission on Postsecondary Education (ACPE) which, among other activities, oversees the Alaska Student Loan Programs (ASLP). The report also reports on the ASLP's administration of a Loan Fund to provide lower-interest loans to Alaska residents. It…