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In 2019, the North Slope Borough brought in [about] $394 million in property taxes from the oil industry. This consistent stream of revenue has allowed the NSB to build a new hospital, several community buildings, establish an elite search and rescue program complete with med-evac service, and establish an investment account fashioned after the Permanent Fund to generate revenue from investments and preserve wealth for future generations, that investment account totaled over $900 million in 2019.

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