With a decision looming, Arctic Slope Regional Corp., Voice of the Arctic Iñupiat and others pressed are highlighting the potential gains for the North Slope.
, the Bureau of Land Management estimated that if the Biden administration approves the preferred three-pad alternative, about $1.2 billion would go to the North Slope Borough via property taxes over Willow’s estimated three-decade lifespan. Property tax payments accounted for 89% of the borough’s general fund revenues over the past four fiscal years, the review said.
The money has primarily gone to support the North Slope Borough and the five communities — Utqiagvik, Atqasuk, Nuiqsut, Anaktuvuk Pass and Wainwright — most directly affected by oil and gas activity in NPR-A, the review says. If the preferred alternative is approved, Willow would generate between $2.3 billion and $3.6 billion for the program over its lifetime, based on projections cited in the environmental review.
“The impact to the community is largely positive because, in our small tight-knit communities, some of these resources aren’t available as much larger communities or vastly populated cities,” Ekak said in an interview. “So having these programs gives our youth and residents programs to actively participate in.”billion and $5.2 billion would go to the state of Alaska through production, property and corporate income taxes, the environmental review outlined, using the same projections.
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