The commissioner of revenue is the treasurer of the trust fund created in Alaska Stat. § 37.14.110 and shall

(1) in carrying out investment duties under this section, exercise the same powers and duties established for the Alaska Retirement Management Board in Alaska Stat. § 37.10.220;

Terms Used In Alaska Statutes 37.14.160

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
(2) deposit the principal and income from investments into the fund;
(3) invest and maintain accounting records;
(4) provide reports to the board established under Alaska Stat. § 37.14.120 on the condition and investment performance of the fund;
(5) determine, on July 1 of each year, the monthly average market value of the fund for the five fiscal years preceding the previous fiscal year.
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