TIA Data

2017 Financial State of Alaska (Released 9/25/2018)

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's reported net position is inflated by $930.8 million, largely because the state defers recognizing losses incurred when the net pension liability increases.
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 Alaska

2015 Financial State of Alaska

2014 Financial State of Alaska

2013 Financial State of Alaska

2012 Financial State of Alaska

2011 Financial State of Alaska

2010 Financial State of Alaska

2009 Financial State of Alaska

City and Other Municipal Reports

Financial State of Anchorage

Other Resources

Alaska Comprehensive Annual Financial Reports

Publishing Entity: Department of Administration

Alaska is set to be the next great reckoning for conservatives

FEBRUARY 21, 2019 | THE WASHINGTON POST | by Henry Olsen

“Conservatives who want to shrink government are despairing over the debt-fueled Washington spend-fest. They tend to blame out-of-touch leadership for the failure to cut spending, but public opinion is likely the real culprit. Turn north and look at the ongoing budget fight in Alaska to see why. … So Dunleavy’s budget is forcing Alaskans to decide how much government they want and how much they are willing to pay for it. That’s precisely the debate small- government conservatives have wanted to force for decades.”