ALASKA'S NEWSPAPER

| Updated: 12:24 AM

Murkowski and Young file annual family financial reports

Begich asks for extension on filing financial disclosure forms.

WASHINGTON -- Financial disclosure forms made public Wednesday show that Alaska's congressional delegation has a wide range of investments in land, real estate and stocks.

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The forms, released annually, are meant to allow the public a glimpse at the investments, personal wealth and potential conflicts of interest of those who represent them in Congress. Candidates must also file them.

It's difficult to determine a true net worth from the forms because lawmakers do not have to disclose the value of their primary residences or any mortgages owed on them. The exact value of their investments is also difficult to determine, in part because they're disclosed in wide ranges.

Republican Sen. Lisa Murkowski and her husband and children have mutual fund, retirement and college fund investments valued at between $300,000 and $1.24 million. She holds an IRA, a CD and shares of First Bank stock valued at $31,000 to $115,000.

She and her husband continue to receive payments for between $50,000 and $100,000 they're owed from the sale of his business Alaska Pasta Co. It totaled $10,000 in 2010. They also list income of $272,054 from their share of the sale of a building at 313 E St. in Anchorage. They owed a mortgage valued at between $15,000 and $50,000 for an investment property; the forms show the mortgage was paid off last June.

Republican Rep. Don Young earns a $5,329 annual pension from the state of Alaska, plus $3,651 in other pension payouts. He has between $165,000 and $400,000 in congressional credit union retirement funds. He has another $335,000 to $800,000 in other investment funds and retirement accounts.

Young also continues to disclose under the "gifts" section of the form money contributed to his legal expense fund. Donors, including Cruz Construction, Chugach Alaska Corp., Neese Construction Inc., Specialty Supply Inc. and Jim Jansen gave the fund $25,000 last year.

Democratic Sen. Mark Begich asked for an extension that allows him to file his 2010 disclosure forms no later than Aug. 15.

The disclosure forms do not require lawmakers to list their annual $174,000 congressional salaries.

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Note: An earlier version of the story incorrectly referred to Rep. Don Young's 2009 financial disclosure forms, not the 2011 version.

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