Rev 1 FY 2016-19 Fiscal Effects of Fishing, Mining and Tourism

The report and its findings should be attributed to the authors, rather than to ISER, the University of Alaska Anchorage, or the sponsors of the research. [...] What revenue does the State of Alaska receive from commercial fishing? From the mining industry? From tourism? What does the state pay out to manage each resource? While the comparison between the state’s revenue and expenditures is useful information, this report is not an economic benefit-cost analysis. [...] Commercial Fishing: Comparison of Revenue and Expenditures Fiscal Years 2016-2019, Millions of Dollars In Fiscal Years 2016 through 2019, the State of Alaska collected an average of $64.4 million per year from the commercial fishing industry and expended approximately $70.9 million from the operating budget and an additional $1.8 million from the capital budget to manage and promote the industry. [...] Tourism: Comparison of Revenue and Expenditures Fiscal Years 2016-2019, Millions of Dollars Tourism brings in more revenue to the state than the legislature expends through the operating budget to manage and promote the industry. [...] Whether state revenue from an industry is lower or higher than the amount the state expends for that industry says nothing about what funds the state could or should collect from the industry, or what the economic and social implications of changing the level of revenue collected might be.