Property values have risen 25% since 2013, which has been attributed to the rise in the cost of building materials, as well as the limited space for expansion.
With this year’s 2023 property assessments, the borough estimates to make more than $12.3B in taxable values, after property and mandatory exemptions are subtracted.
"We're looking at another great year in 2023. The phone has been ringing, the bookings are coming in, we just see a really positive future for tourism in Alaska," says the Director of Sales and Marketing for an Anchorage-based cruiseline.
Tanner crab fishermen in Kodiak have left the docks and gone fishing after receiving a modest increase in the price per pound of crab from the four cannery plants on Kodiak Island.
The report comes after 240 local businesses and organizations were surveyed over past performance, expected performance, and identifying issues within the city in order of importance.
When it comes to buying a home in Alaska, the odds are good but the goods are odd. In 2022, Anchorage saw some of the lowest inventory rates, the city has seen in modern-day history.
In a letter to the corps, the tribal coalition requested that the Clean Water Act 404 permits for the proposed gold mine — which mine advocates say would be located next to Crooked Creek, a tributary to the Kuskokwim River — be withdrawn.
Seeing for sale signs staying up longer has been a recent trend seen. According to the Department of Labor and Workforce Development, interests have gone up since 2021. Last year, Anchorage saw a tight housing market. There were not many houses on the market, but there were a seas of home buyers looking to find their perfect home.
At a special meeting of the Alaska Permanent Fund Corp. Board of Trustees, Acting Revenue Commissioner Deven Mitchell was approved by a unanimous vote to become the next Executive Director of the corporation.
The report says the amount spilled and dumped in wastewater from drilling rigs and production platforms has increased because there’s more work offshore.
The overall tone of the report suggests that state funds appropriated by the legislature for AIDEA would have been better served in the state’s permanent fund.
A recent study shows the fall coho and chum salmon runs in the Yukon River are among the lowest on record, casting doubt on the future of subsistence fishing in the state.
The Department of Revenue will be led by Acting Commissioner Deven Mitchell starting on Sept. 12 after previous commissioner Lucinda Mahoney resigned on Sept. 2.
The EPA concluded prior to the public comment period opening that development of such a mine would have adverse effects on the environment and salmon watershed.
After over 50 years of serving the public, a staple paint store in the community closed, leaving their employees uncertain of their future until one Anchorage business owner stepped in.
Fish and Game said in a release that adult razor clam abundance surveys completed at Ninilchik and Clam Gulch beaches in April and May of this year were below the abundance threshold required to allow limited clamming on those beaches.
Alaskans cashed in from 2010 to 2020 as yearly wages rose 11% from 2010 to 2020 when adjusted for inflation, according to the Alaska Department of Labor and Workforce Development.
Alaska's marijuana industry is thriving more than seven years after legalization. But, according to industry experts, federally legalized marijuana could put local grows, manufacturers and pot shops out of business. This week, Alaska's News Source looks at the impact of the marijuana industry in Alaska since legalization.
ConocoPhillips Alaska, part of the petroleum giant based in Texas, reported $451 million in net income in the fourth quarter of 2021, with an estimated $420 million in taxes and royalties.
The state will soon stop distributing a $300 weekly supplemental unemployment benefit that was brought on by the federal government during the coronavirus pandemic, joining over a dozen other states who have made similar cuts.
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