011 tease Sales Improve
Alaskan Economic Picture
By Gov, William A, Egan
Results of the Dec, 19 co m pet
ti ve oil leases sale have improved
the State's financial condition. I
have made a preliminary review
©f how the State’s financial pic
ture will be affected because of
the sale. A final determination of
how these monies will he utilized
to bring both immediate and long
range benefits to the State will
he cause for continued intensive
Study by the Administration and
the Legislature. Some effects of
the sale, however, have become
apparent in my preliminary re
view. These are as follows:
1. No tax increase will be need
ed or sought in the foreseeable
future,
2. Five million dollars in bonds
authorized by the voters who help
finance the State road construc
tion program will not have to he
sold at this ifcme. The road pro
gram next year can be financed
out of current revenues, thus
saving interest and financing ex
JJr-iiSCS.
$. Bonds to finance the badly
needed steam plant for the Uni
versity of Alaska will not have
to be sold. At least the first con
struction phase of this plant can
be financed out of cuirent reven
ues,
4. Various programs -related to
economic development, such as
feasibility studies leading to the
development of our timber and
mineral resources, and shell and
other untapped fishery resources
can be continued ami somewhat
accelerated. Such programs will
be directed towards creating more
jobs on a year round basis and
thus giving our labor force a
more stable employment pattern.
5, We can fake a second look at
the means of financing various
capital improvement projects so
badly needed in some areas of
tne state.
The revenue derived from the
Pale significantly improves our
present financial condition. But
many factors will not change.
These include the following:
1. As I have previously stated,
the State next year must assume,
for the first time, full respon
sibility for financing our high
way maintenance eosts and other
# INCOME TAX
• PAYROLLS
& BOOKKEEPING
PAUL’S
Bookkeeping
Service
(Formerly located at
Taohiek’s -Cabins)
PHONE
283-7657
0.0 o -—
(Temporary Office)
Ilomesite
Loop Road
KEN 41
~'Z:i - !t*»
expenditures m the highway con
struction program, formerly sup
ported through Federal transition
al grants. Next year the new Al
aska Psychiatric Institute near
Anchorage will open its doors to
Alaska’s mentally ill.
Next year the state must ed*
uoate considerably more children
than were enrolled in Alaska’s
schools this year. Because of
these and other additional ax
penses, the State's, operating bud
get will exceed by many millions
oi dollar:; our estimated annual
recurring revenues. The gap will
be filled by the proceeds which
the State "has derived from the
oil lease bonuses.
2. This money, however wcl
coine, is from a non-recurring
source. While this money can
properly -be spent for needed cap
ital improvements and programs
designed to accelerate economic
development, we cannot depend
upon such revenues to materially
support the general operating ex
penses of the State.
'S, t'v. vMUvfc \rx epe 1 l A Ict ^ «_*£
the State’s financial condition, the
oi! lease sale has not changed our
policy of holding each department
al request for funds to a mini
mum. In the budget review proc
ess now underway we are con
tinuing our a lie: up is to hold gen
eral oper ating costs to the lowest
possible level commensurate with
the administration of good gov
ernment.
These are factors which are
obvious in our preliminary as
sessment of the results of the
Dec. It) oil lease sale. The money
derived relieves some of the bud
get problems that will confront
us next year. It confirms our
faith in the potential development
of Alaska’s natural resources- and
the faith we have that Alaska
—in the near future— will be
come one of the richest ami the
strongest States-in, the. Union.
Numbers Listed
For Patrol Cars
The patrol ear of Wayne Mor
gan, state trooper, may now be
contacted by dialing 283-7541—
Extension 27, the military police,
who will get in touch with the
state police car by radio.
Considerable difficulty has aris
en in the past, it. has been re
ported, by persons desiring to lo
cate the trooper. Morgan, altho
living in Kenai, is more often
somewhere on the highway in the
territory covered, by him. An
nouncement as to how to notify
his of accidents or other matters
requiring his attention is expected
t,. be alleviated through use of the
above telephone number in em
ergencies.
Charles “Red” Peavley, Kenai
police chief, has also announced
his telephone number-, llis office
and home telephone number is
the same, 283-7550. His patrol car
can be reached through dialing
Wildwood Station, 283-7511, a n d
asking. Extr 27 to contact Peavley
by radio.
It is suggested that these num
bers be written jn telephone books
or posted near the phone to be
at hand in case an emergency
should require notification of ei
ther police officer.
<
. ,
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GENERAL
CONTRACTING
LICE#S ED—BONUE1V-EXBEIUEN( ED
Free EsiisaaSes
DYE CONSTRUCTION
Oampany
' BOX !m KENAi ' I'HONE 2a3<4&2
m: ■■■■ . •• • .. - -
Sponsor Kenai
Queen Candidate
Donna May Norman, Kenai’s
candidate for queen honors in the
Anchor Point Sno-Festival Jan,
19-2] is being sponsored by Rig,
Inc,, ami Peninsula Builders,
“All Kenai is backing Donna,”
says Billy McCann of Rig, Inc,,
“we are giving her our full sup
]>ort and hope to see her wearing
that crown.”
Kenai-sponsored .Donna May is
the daughter of Mrs. Betty Nor
man and was second candidate to
enter the contest. She is a junior
at Kenai high, is blond, has green
eyes and is 5 ft, 2% inches. tall.
Recent Arrivals
Johnny Eugene Evans
Born at 11;53 p.m, on Friday,
Dec. 22, in the Central Peninsula
Clinic at Roldotna, a son to Mr,
and Mrs. Robert Evans, Roldotna.
The baby weighing 7 pounds has
been named Johnny Eugene.
Miriam Katherine Olsen
Mr, and Mrs. Robert Olsen of
Cohoe aie announcing the birth
of a , daughter who arrived 9:05
"iffi. I' r;day: Dec. 22, at the Cen
tral Peninsula Clinic in Soidotna,
She weighed 7 lbs. 15 oz. and
has been named Miriam Kather
ine.
GAS...!
W ater Heaters
W all Heaters
Calorie Ranges
Quaker Heaters
Radiant and Forced Air
——n*—-«—*
ED’S
APPLIANCE
Authorized Coleman Mobile
Home Service Center
Swldotaa Phone 262-4361
Store Hours: 10 a.rn. to 2 p.m.
Pwajm David Treat
A son, weighing 8 fbv. 11 oz,
and whom the parents have named
Dwayne David, was bom to Mr.
and Mrs. Wayne Treat of Kasi
tef at 7:80 p.rn. Sunday, Dec. 24,
in the Clinic at SoMetna.
i*——.-.— -—-—
Mirian Thompson
Born at 6:36 p.m. Saturday,
Dec. 30, in the Central Peninsula^
Clinic, at Sokfotna, a daughter to,
Mr. an<J Mrs. Jerry Thompson ot
Kenal. She has been nanny! Mir
ian.
LEO T. OBERTS
INSURANT
Our Specialties
SAFE DRIVER INSURANCE
HOME OWNERS POLICY
WORKMAN'S COMPENSATION
PUBLIC & CONTRACTOR’S LIABILITY
SURETY BONDS
FIRE — AUTO — TRAILER — SPORT BOAT
Box 458, Kenai Ph. 283-7591
CORDOVA AIRLINES
SCHEDULE
ARRIVES SOLDOTNA LEAVES SOLDOTNA
FROM ANCHORAGE FOR ANCHORAGE
SOUTHBOUND NORTHBOUND
8:05 a.m. 9:05 a.m.
9:30 a.m. 11:30 a.m.
(FLAG) (FLAG)
3:00 p.m. 3:10 p.m.
SOLDOTNA OFFICE OPEN 8 A.M. TO 4 P.M.
Pfione 262-4101
“ITS CHEAPER TO FLY!** '
CALL 262- 0 «1 FOR NEW* LOW PASSENGER
AND FREIGHT RATES
j
AFTER HOURS CALL 262-1461 SOLDOTNA
DO YOU NEED
AUTO REPAIR
gk Then get those repairs done bv
W FACTORY-TRAINED SPECIALISTS
A Get those repairs done where
W ALL WORK IS GUARANTEED
|K IN SHORT, get your auto repairs and
t maintenance done bv
AUTOMOTIVE SPECIALISTS
(WHO DO ONLY AUTOMOTIVE WORK)
at
Reger’s Garage
Soldotna
OPERATED *RY—HARRY REGER AND BILL Is* Hi
SPECIALISTS ON FACTORY TRAINED EXPERT
DOMESTIC AUTOS ON EUROPEAN CARS
Complete Guaranteed Auto Service
by Automotive Specialists
HARRY AND RILL SAY: “SAVE TROUBLE, SAVE TIRES, SAVE MONEY— '
GET FRONT END ALIGNMENTS NOW'.’’
WE ARE ALSO COMPLETELY EQUIPPED FOR
AUTOMATIC TRANSMISSION REPAIR.
REGER’S GARAGE Soldotna Phone 262-4202