City of Unalaska adopts balanced $35M budget for next fiscal year
The City of Unalaska has a balanced budget for the 2024 fiscal year.
On Tuesday, city councilors voted 5-0 to adopt the roughly $35 million general fund spending plan.
The budget allocates money to pay for city services like police, public works, and parks and recreation. It also includes support for public schools and local nonprofits.
Councilor Daneen Looby thanked city staffers for bringing a balanced budget before the council. Their initial proposal could’ve run up a deficit of nearly $7 million, and councilors had pressed them to address the gap.
“I think the staff worked very hard on this budget,” said Looby. “And they brought us back to a balanced budget. So I think that was commendable of them.”
The city was able to balance the budget after updating its projections for tax revenues and shifting some capital spending.
Interim Finance Director Clay Darnell said revenue estimates increased by more than $3.5 million since the initial proposal.
At first, the finance department took an extremely conservative approach in estimating sales and seafood tax revenues. But Darnell said the city was comfortable raising projections based on actual revenues for the current fiscal year, and based on conversations with Unalaska fisheries consultant Frank Kelty.
City officials also moved about $3 million in planned capital spending from the general fund to a special revenue fund.
The budget for fiscal year 2024 will go into effect July 1.