Alaska

2015 Data (Released 09/19/2016)

Financial State of Alaska

Press Release

 
Alaska owns more than it owes
At $52,600, Alaska's “Taxpayer's Surplus” ranks 1st out of the 50 states
Alaska is among 10 “Sunshine States” with enough assets to cover its debt
Elected officials have created a Taxpayer Surplus, which is each taxpayer's share of money available after state bills have been paid
TIA's Taxpayer Surplus measurement incorporates both assets and liabilities, not just pension debt
Alaska has $32.7 billion of assets available to pay the state's bills totaling $18.3 billion
Alaska has $14.4 billion available after bills have been paid: $52,600 per taxpayer
Because of a new accounting rule, Alaska now has to report its pension debt on its balance sheet. As a result, the state's reported pension debt grew from $0 in 2014 to $6.3 billion in 2015.
The state's financial report was released 216 days after its fiscal year end, which is considered untimely according to the 180 day goal
 

Prior Years' TIA Data

2014 Financial State of Alaska

2013 Financial State of Alaska

Other Resources

Alaska Comprehensive Annual Financial Reports

Publishing Entity: Department of Administration

IN THE NEWS
VIEW LESS