Anchorage budget: 14.5 % increase since 2014


click on the photo to read the full story

The Anchorage Assembly has passed yet again the largest budget in the city’s history. At $540 million, it’s 14.5 percent more than the budget approved under previous Mayor Dan Sullivan back in 2014.

Every year of the Berkowitz Administration has seen record-setting budgets for Alaska’s largest city.

In that same time, the city’s population has declined by 7,000 people and the commercial vacancy rate has reached the highest level ever measured — 15 percent vacancy for Class A office space.