The Institute of Social & Economic Research

The Alaska Citizen's Guide to the Budget

Financial Assistance
provided by:

Fiscal Policy Council of Alaska

Comparisons
Comparisons
Outlays—Per Capita
Outlays—Big Items
Outlays—History
Outlays—Rankings
Jobs and Payroll—Per Capita
Jobs and Payroll—Big Items
Jobs and Payroll—History
Jobs and Payroll—Rank
Assets and Debt
Financing Govt.
Compare Wyoming
Why Alaska Spends More
Tax Burden
State Share

 

 

4. Comparison to Other States

4.10 How Does Alaska Finance Government Compared to Other States?

Nationally over half of state and local government revenues come from federal transfers, property taxes, and current charges. Half of current charges consist of hospitals and education (mostly higher education).

U.S. Average Sources of Public Sector
(State + Local) Revenues in 1996

 

US Average Per Capita
Share of Total
General Revenues
$4,609
100%
Federal Transfers
$885
19.2%
Property tax
$789
17.1%
Current Charges
$687
14.9%
General Sales Tax
$637
13.8%
Individual Income Tax
$554
12.0%
Selective Sales Tax
$301
6.5%
Other (non-tax)
$223
4.8%
Interest Earnings
$217
4.7%

Other Taxes

$195
4.2%
Corporate Income Tax
$121
2.6%

Note: General Revenues exclude insurance trust fund, utility, and liquor store revenues.

Source: U.S. Dept of Commerce, Governmental Finances.

Of Selective Sales Taxes, about 1/3 is from motor fuel sales, with alcohol and tobacco also contributing. Motor vehicle license taxes account for about 25% of Other Taxes.

Alaska gets over half of its public sector revenues from interest earnings and "other," which includes royalties collected from the petroleum industry.

Alaska Sources of Public Sector
(State + Local) Revenues in 1996
 
Alaska Per Capita (COLA adjusted to US Price Level)
Share of Total
General Revenues
$11,090
100%
Federal transfers
$1,492
13.5%
Property tax
$905
8.2%
Current charges
$944
8.5%
General sales tax
$145
1.3%
Individual income tax
$0
0%
Selective sales tax
$173
1.6%
Other (non tax)
$2,550
23%
Interest earnings
$3,041
27.4%

Other taxes

$1,406
12.6%
Corporate Income tax
$434
3.9%

Note: General Revenues exclude insurance trust fund, utility, and liquor store revenues

Source: U.S. Dept of Commerce, Governmental Finances.

 

Revenues per capita, after adjusting for the higher cost of living in Alaska, were 2.41 times the U.S. average in 1996. Alaska is above the U.S. average in all categories except the general sales tax, individual income tax, and selective sales tax.

Comparing Sources of Per Capita Public Sector
(State + Local) Revenues in 1996
 
U.S. Average
Alaska
Alaska (COLA- adjusted to U.S. Price Level)
Ratio Alaska with COLA / U.S. Avg
General Revenues
$4,609
$13,726
$11,090
2.41
Federal transfers
$885
$1,847
$1,492
1.69
Property tax
$789

$1,121

$905
1.15
Current charges
$687
$1,168
$944
1.37
General sales tax
$637
$179
$145
.23
Individual income tax
$554
$0
$0
0
Selective sales tax
$301
$215
$173
.58
Other
$223
$3,156
$2,550
11.45
Interest earnings
$217
$3,764
$3,041
14.01
Other taxes
$195
$1,739
$1,406
7.21
Corporate income tax
$121
$538
$434
3.60

Note: General Revenues exclude insurance trust fund, utility, and liquor store revenues

Source: U.S. Dept of Commerce, Governmental Finances.

 

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Institute of Social and Economic Research, University of Alaska Anchorage
Mailing Address: 3211 Providence Drive, Anchorage, Alaska 99508
Physical Address: 4500 Diplomacy Drive, Suite 501, Anchorage, Alaska
 
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Page Updated April 16, 2003

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