Did You Know?

.... that the Frank Initiative requires determination of all costs of a capital or legislative move and a public vote on those costs before a move can take place?

Capital Bulletin

Permanent fund rejects look at Anchorage move

Published Friday, May 30, 2008

By Pat Forgey | JUNEAU EMPIRE The Alaska Permanent Fund Corp. on Thursday rejected even looking at moving its headquarters to Anchorage. The board of trustees for the $39 billion state savings account voted 4-1 to decline further study of a move from Juneau, where its 32 employees are now based. Juneau Mayor Bruce Botelho praised the trustees' action. "I think that the issue is certainly dead, at least with the present configuration of the trustees," he said.