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Economy

Stories about the local, state, or national economy.

Caribou Traders General Manager Todd Perez says that Jan. 5 will be the last day the liquor store is open for business.
Greg Kim / KYUK

Bethel's vote for local option alcohol control means that the only liquor store in town, Caribou Traders, is closing. General Manager Todd Perez says that the plan for Caribou Traders is pretty simple.

Teresa Cotsirilos / KYUK

Calista Corporation says that this year’s Akilista distribution is the biggest yet. The amount of money that will be dispersed has increased 15 percent compared to last year. In dollars, that means Calista will distribute a total of $2.97million to shareholders. Last year, the number was $2.7 million.

Tripp Crouse / KNBA

Bethel Native Corporation CEO Ana Hoffman has again been elected co-chair of the Alaska Federation of Natives during the final day of its annual convention on Oct. 19. Hoffman has served as co-chair since 2013, but the board of the Calista Corporation, the regional native corporation for the Yukon-Kuskokwim Delta, cast their vote for another candidate. 


A map of local option communities in the Yukon-Kuskokwim Delta as of Dec. 27, 2016.
State of Alaska

After three decades of prohibiting alcohol, the dry Lower Yukon community of Marshall wants to open a city-run alcohol store and has begun moving in that direction.


Katie Basile / KYUK

A village corporation in the Yukon-Kuskokwim Delta wants Calista Corporation shareholders to vote on whether Calista should support the proposed Donlin Gold mine. Calista owns the mineral rights to the mine. Azachorok’s president, Loren Peterson, says that the resolution isn’t a stance on the mine, but it would give shareholders a chance to decide if they want it. 


Katie Basile / KYUK

Novagold, one of two companies developing the proposed Donlin Gold mine in the Yukon-Kuskokwim Delta, is looking at building the mine in stages to reduce construction costs. That’s according to its latest quarterly earnings call. 


Daysha Eaton / KYUK

Bethel shoppers might have seen a Facebook post this past weekend that brought some sad news: Meyers Farm has shut down its market on Ptarmigan Street. Tim Meyers says that the priorities have changed at Meyers Farm.

  

Caribou Traders General Manager Todd Perez says that Jan. 5 will be the last day the liquor store is open for business.
Greg Kim / KYUK

When the liquor stores close under the state local option law, a large portion of the city’s alcohol revenue will disappear. The city estimated that it would earn $500,000 from alcohol taxes this fiscal year. 


Ten resolutions passed during the Association of Village Council Presidents’ annual convention last week, and only one failed. That’s a huge change from last year, when AVCP passed one resolution that it introduced and tabled the rest. AVCP says that what happened last year was because the resolutions were not submitted by deadline.

Katie Basile / KYUK

Red Devil Part III 

Rebecca Wilmarth can see the empty school building across her lawn in Red Devil, Alaska. It shut down in 2009 and for a while, willows and alders shrouded it from view. Wildland firefighters recently cut them back to reveal a brown building with blue trim. For a place that’s been abandoned for 10 years, it appears in remarkably good shape.


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