The state’s Legacy Fund will be receiving its largest infusion of cash since its creation this month, according to the state agency that oversees the multi-billion-dollar fund.
On Thursday the state treasurer’s office announced it anticipates a deposit of $112 million to make its way into the Legacy Fund before the end of July.
It is the first monthly deposit of more than $100 million since funds began being placed in the fund monthly in 2011. Through June the Legacy Fund totaled more than $2.2 billion in deposits.
Since its creation monthly deposits have been as low as $32 million and as high as $93 million.$2 billion / 700,000 people = $3,000/person -- a family of 6 = $18,000.