Anchorage : State Data and Comparisons : Data-Z

Anchorage, AK

TIA Data

2022 Financial State of Anchorage (Released 2/15/2024)

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Anchorage owes more than it owns.

Anchorage's Taxpayer Burden™ is -$100, and it received a "C" from TIA.

Anchorage is a Sinkhole City without enough assets to cover its debt.

Decisions by elected officials have created a Taxpayer Burden™, which is each taxpayer's share of city bills after its available assets have been tapped.

TIA's Taxpayer Burden™ measurement incorporates all assets and liabilities, including retirement obligations.

Anchorage only has $784.2 million of assets available to pay bills totaling $789.5 million.

Because Anchorage doesn't have enough money to pay its bills, it has a -$5.4 million financial hole. To erase this shortfall, each Anchorage taxpayer would have to send -$100 to the city.

Anchorage's reported net position is understated by $198.9 million, largely because the city defers recognizing gains resulting from decreases in retirement liabilities.

The city had not released its FY2022 financial report as of January 15, 2024.

Prior Years' TIA Data

2021 Financial State of Anchorage

2020 Financial State of Anchorage

2019 Financial State of Anchorage

2018 Financial State of Anchorage

2017 Financial State of Anchorage

2016 Financial State of Anchorage

Other Resources

Anchorage Annual Comprehensive Financial Reports

Publishing Entity: Controller's Division