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Senate Resources Committee hears Gaffney & Klein: Wood Mackenzie assumptions on property tax and fiscal stability need legislative scrutiny Gaffney & Klein consultants told the Senate Resources Committee that comparisons with LNG Canada are relevant but that key economic assumptions in the Wood Mackenzie report—especially a modeled reduction in property tax from 20 to 2 mills—are illustrative and not government commitments; they urged legislative review of tax, royalty and pricing risks before any fiscal accommodations are assumed.

Alaska's LNG project faces crucial scrutiny as experts warn that economic assumptions, like a drastic property tax cut, may not reflect reality or government commitments.

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#AK #EconomicViability #AlaskaResources #FiscalStability #LNGProjects #CitizenPortal

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