Assembly committee hears OMB: municipality about 26% spent through March, CAO non-labor shows outlier

The Anchorage Assembly Budget and Finance Committee met May 15 and received the Office of Management and Budget's budget-to-actuals report through March 31, 2025, which shows the municipality about 26% spent so far this fiscal year.

"What we have in front of us is the 2025 budget to actuals report through March 31," the OMB director said while reviewing the general government pages that separate labor and non-labor activity. The report shows most departments tracking near expected levels; the chief administrative office appears as an outlier on the non-labor line at about 42 percent because venues contracts for the performing arts center and the museum are paid up front in January.

The presentation included overtime and travel worksheets and the alcohol- and marijuana-tax pages.…