Alaska

TIA Data

2017 Financial State of Alaska (Released 5/15/2018)

 
Alaska owns more than it owes.
Alaska has a $56,500 Taxpayer Surplus.™
Alaska is a Sunshine State 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 $30.6 billion of assets available to pay the state's bills totaling $14.3 billion.
Alaska has $16.3 billion available after bills have been paid, which breaks down to $56,500 per taxpayer.
Alaska has delayed the recognition of changes in its pension liability. As a result of this and other deferrals, the state's overall net position is inflated by $930.8 million.
Despite reporting all of its pension debt, the state is still hiding $589.3 million of its retiree health care debt. A new accounting standard will be implemented in the 2018 fiscal year which will require states to report this debt on the balance sheet.
The state's financial report was released 224 days after its fiscal year end, which is considered untimely according to the 180 day standard.
 

Prior Years' TIA Data

2016 Financial State of Anchorage

2016 Financial State of Alaska

2015 Financial State of Alaska

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