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Anchorage revenues close to target; tobacco, municipal assistance and back taxes reshape 2026 outlook

Budget and Finance Committee · March 20, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Deputy Treasurer Lauren Crawford told the committee 2025 revenues stand at about 99.3% of target but flagged lower tobacco receipts (about $4.2 million below prior estimates), approximately $4 million in municipal assistance not yet received, $1 million in net fines pending, and personal-property tax adjustments that increased 2025 collections from back assessments.

Deputy Treasurer Lauren Crawford told the Anchorage Budget and Finance Committee on March 19 that the municipality's 2025 actual revenues are tracking at about 99.3% of target but that several timing and adjustment items will shape the 2026 budget outlook.

"We're coming in pretty close to our target at about 99.3%," Lauren Crawford said, highlighting several specific items that could alter next year's revenue picture. She told the committee tobacco-tax receipts…

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