Eligible Alaskans will have an additional $900 from the 2013 Permanent Fund Dividend to work and play with starting next month, an amount the state announced Wednesday morning.
Acting Revenue Commissioner Angela Rodell disclosed the quantity of this year's disbursement in an 11 a.m. event at the Atwood Building in Downtown Anchorage. Earlier this month, Channel 2's Corey Allen-Young estimated the PFD's amount at $931.51.
According to Rodell, this year's oldest applicant was 108 years old, while the youngest was born at 11:59 p.m. on Dec. 31, 2012. The fund's managers reported a balance of $40 billion on that date, which had risen to $45 billion as of June 5 -- a trend Rodell said bode well for the fund's future.
Rodell says eligible Alaskans who have applied for each PFD since the first in 1980 will have received a total of $36,343.
Last year's dividend of $878 was distributed to more than 610,000 people.
This year will see the last dividend -- calculated based on a rolling average of the Alaska Permanent Fund's returns for the last five years -- to include 2009, when the fund lost $2.5 billion in statutory net income.
According to the dividend's website, PFDs will begin to reach recipients Oct. 3, when the first direct deposits are made to Alaskans' bank accounts. A second round of payments will be distributed Oct. 24.
This is a developing story. Please check KTUU.com and the Channel 2 newscasts for updates.
Contact Chris Klint