2016 PFD checks will be $1,022

2016 PFD Check Amount Announcement from Alaska Governor Bill Walker on Vimeo.

Governor Bill Walker announced Friday morning exactly how much Alaskans would receive in this year’s Permanent Fund Dividend check.

“There you go, $1,022,” Walker said. “So I’m glad that given our loss of 80 percent of our revenue that we are still able to have a dividend over $1,000 and I will look forward to working with the legislature to ensure that that will continue on for generations to come.”

Walker made the announcement in a pre-recorded video released Friday morning.

This year’s dividend checks could have been about twice as much, but Walker vetoed half the money appropriated to dividends earlier this year while the state battles a $4 billion deficit.

PFD checks will be distributed starting Oct. 6.