Overview
Fairbanks’ adopted 2026 General Fund budget spends more than it takes in from operating revenue, and closes the gap with transfers: adopted revenue of $45,052,604 against adopted expenditures of $49,739,910, with net other financing sources of $5,526,978, for a net increase in fund balance of $839,672 — the roughly $840,000 surplus the council discussed at adoption. Public safety dominates spending: Police ($8,970,500), the Fairbanks Emergency Communications Center ($3,597,570), and Fire ($11,145,310) total $23,713,380, just under half the General Fund. The city serves about 31,238 residents, and its total assessed property value rose $56 million in 2024 to $3.484 billion, per the budget book’s profile.
Source: City of Fairbanks 2026 Annual Budget (General Fund financial schedule; Ordinance 6331 adoption per the city ordinances index).
At a glance
Revenue
Taxes are nearly two-thirds of General Fund revenue. The eight lines below re-add exactly to the adopted total.
| Item | Amount |
|---|---|
| Taxes (all sources) | $29,686,055 |
| Charges for services | $6,895,700 |
| Intergovernmental revenues | $3,612,630 |
| Licenses and permits | $2,313,060 |
| Interest and penalties | $1,625,000 |
| Fines and forfeitures | $526,500 |
| Rental and lease income | $143,659 |
| Other revenues | $250,000 |
| Total adopted General Fund revenue | $45,052,604 |
Spending
By department, the adopted schedule’s twelve lines re-add exactly to $49,739,910. By function: General Government $13,150,940; Public Safety $23,713,380; Public Works $12,041,120; Buildings $834,470.
| Item | Amount |
|---|---|
| Fire Department | $11,145,310 |
| Public Works Department | $10,830,190 |
| Police Department | $8,970,500 |
| General Account | $6,959,000 |
| Fairbanks Emergency Communications Center | $3,597,570 |
| Information Technology | $3,220,000 |
| Engineering Department | $1,210,930 |
| Finance Department | $1,049,700 |
| Mayor Department | $995,400 |
| Building Department | $834,470 |
| Office of the City Clerk | $655,630 |
| Legal Department | $271,210 |
| Total adopted General Fund expenditures | $49,739,910 |
Sources & notes
- Source used: City of Fairbanks 2026 Annual Budget, Four Year General Fund Financial Schedule (2026 Approved column) and department appropriations Read the source document. Adoption: Ordinance 6331, as Amended, Adopting 2026 Operating & Capital Budgets, adopted December 15, 2025, per the city ordinances index.
- Sum checks: revenue $29,686,055 + $6,895,700 + $3,612,630 + $2,313,060 + $1,625,000 + $526,500 + $143,659 + $250,000 = $45,052,604; department lines sum to $49,739,910; function totals $13,150,940 + $23,713,380 + $12,041,120 + $834,470 = $49,739,910; fund-balance walk $45,052,604 − $49,739,910 + $5,526,978 = $839,672; $11,582,649 + $839,672 = $12,422,321.
- Scope disclosures: the $46,277,604 figure in the book’s consolidated schedule is General Fund + Capital Fund revenue combined ($45,052,604 + $1,225,000) and is NOT the General Fund total; consolidated expenditures are $57,175,211. The mayor’s letter’s $49,460,490 expenditure figure is the October 31, 2025 proposal, not the adopted appropriation, and appears nowhere as an adopted figure on this page.
- Identity: this is the City of Fairbanks, Alaska, seat of the Fairbanks North Star Borough. It is not the Fairbanks North Star Borough, and no borough or school-district figures are included.
- Jurisdiction palette: no verified palette was on file for this jurisdiction — no government-specific theme color or seal palette could be confirmed from the official site through the routes available in this pass (several Alaska government sites use platform templates whose stock palettes are rejected under the family spec) — so this page uses the neutral Hometown Numbers dark-glass theme rather than an invented color.
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