Money flows

posted by Michael Ortega -

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The high cost of doing government business in Alaska was outlined Wednesday in a report from the Alaska Public Policy Forum that showed nearly three-quarters of Anchorage Municipal employees are compensated to the tune of $100,000 or more.

The figure is not what employees see in pay, according to forum executive directory Bethany McKay, but what they cost the municipality.

On average, she said, about 30 percent of an employee’s cost is tied up in benefits with health insurance costs now eating a big share of that.

Money flows

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