Title : Legacy Fund Data Through July, 2017 -- $4 Billion Milestone To Be Hit In August, 2017
link : Legacy Fund Data Through July, 2017 -- $4 Billion Milestone To Be Hit In August, 2017
Legacy Fund Data Through July, 2017 -- $4 Billion Milestone To Be Hit In August, 2017
Source here.
- most recent deposit, July 21, 2017: $35 million (down from $37 million in June)
- total deposits since inception: $3.976 billion
- less than $25 million required to reach $4 billion in total deposits; that milestone will be hit next month, August, 2017
- net assets in the fund, as of January, 2017: $4.3 billion
- height of the boom: $90 million / month being deposited
- currently: about $30 million / month being deposited
- principal and earnings of the Legacy Fund may not be expended until after June 30, 2017 -- that date met
- expenditure requires a vote of at least 2/3rds in each house of the legislative assembly
- not more than 15% of the legacy fund may be expended during a biennium
Thus Article Legacy Fund Data Through July, 2017 -- $4 Billion Milestone To Be Hit In August, 2017
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