I'm not sure of the amount, but initially 100% of the mining royalties went to the general fund. They never imagined it would create such an excess, they had only hoped it would reduce the state income tax. 2 or 3 years they eliminated the income tax, created the pf were 50% of resource royalties went into gf the rest into the pf where the pfd would be paid off the interest to the people, as the minerals are by law the people's. About 8 years ago the pfd was recalculated to be a 5 yr average payout. During the palin administration, she distributed an additional 2k out of the general fund(the reserve), because the economy was stagnant and the state was setting on about 50 billion dollars in the reserve with 100+ $ a barrel oil coming in. Btw last calculation I heard on the reserve, it was over 12 billion or 3 to 4 year reserve with zero income. Most states reserves are 10 to 15 day reserve, we have the highest reserve in the US by years.