Overview
Lake and Peninsula is a small, fish-dependent borough budget: $5,360,499 in total, balanced exactly. Taxes — raw fish tax ($1,250,000), bed tax ($320,000), and related levies — provide $1,613,000 (30.1%), but the single largest revenue block is internal transfers of $1,953,712 (36.4%), mostly the school endowment transfer that passes through to the Lake and Peninsula School District. On the spending side, school-related costs of $2,937,648 are 55.0% of the whole budget, and overhead (Assembly, Planning Commission, Administration, Elections) is $2,001,120 (37.5%). Because so much of the budget is pass-through — state community-assistance and school funds the borough receives and passes on — the $5,360,499 total overstates the borough’s own operating footprint; the borough’s own operational spending is the $2,001,120 overhead block plus $421,731 in other direct costs.
At a glance
Revenue
The summary revenue categories re-add exactly to the adopted $5,360,499. Operating revenue detail ($3,409,037) plus other revenue ($1,951,462) gives the same total.
| Item | Amount |
|---|---|
| Taxes (raw fish, bed, guide) | $1,613,000 |
| Internal transfers (incl. school endowment transfer $1,085,941) | $1,953,712 |
| State and federal revenue | $607,265 |
| License, permits, leases, and rents | $436,522 |
| Payment in lieu of taxes / development (PILT / PILD) | $400,000 |
| Investment income | $350,000 |
| Total adopted FY2026 revenue | $5,360,499 |
Spending
Operational expenses ($2,001,120) plus other expenses ($3,359,379) re-add exactly to $5,360,499, for a net of zero.
| Item | Amount |
|---|---|
| School-related (allocation, endowment transfer, bond payment) | $2,937,648 |
| Administration | $1,567,870 |
| Assembly | $393,200 |
| Community-related (incl. state pass-through $95,481) | $315,481 |
| Borough fisheries (incl. Board of Fish) | $87,500 |
| Planning Commission | $20,050 |
| Elections | $20,000 |
| Contingency | $10,000 |
| Maintenance (Iliamna barge ramp) | $8,000 |
| Donations | $750 |
| Transfer to Permanent Fund | $0 |
| Total adopted FY2026 expenses | $5,360,499 |
Sources & notes
- Source used: Lake and Peninsula Borough Ordinance 25-03 (enacted May 13, 2025, unanimous) with attached Exhibit A, FY2026 Proposed Budget, summary and detail tables Read the source document.
- Sum checks: revenue $1,613,000 + $1,953,712 + $607,265 + $436,522 + $400,000 + $350,000 = $5,360,499; operating detail $3,409,037 + other revenue $1,951,462 = $5,360,499; operational $393,200 + $20,050 + $1,567,870 + $20,000 = $2,001,120; other $8,000 + $87,500 + $750 + $10,000 + $315,481 + $2,937,648 = $3,359,379; $2,001,120 + $3,359,379 = $5,360,499; net $0.
- Document disclosures: (1) the source file is titled “Ordinance 24-07 FY25 budget”, but its content is Ordinance 25-03 adopting the FY2026 budget — number and year come from the content. (2) The budget narrative’s introduction states license/permits/leases/rents at $438,522, while the summary table states $436,522; this page uses the summary table, which re-adds exactly to $5,360,499 (the $2,000 narrative gap is disclosed, not resolved by adjustment). (3) The “proposed” label on Exhibit A is the ordinance’s own wording for the attached budget it adopts by reference; the figures are adopted figures under Ordinance 25-03.
- Scope disclosures: $95,481 of state revenue and the $1,085,941 school endowment transfer are pass-through funds the borough receives and passes to communities and the school district; the school allocation is 55.8% of the maximum local contribution allowed. The Permanent Fund transfer goal (20% of raw fish tax) was budgeted at $0 for FY2026.
- Identity: this is the Lake and Peninsula Borough, Alaska. Its seat place, King Salmon, is a census-designated place physically in the Bristol Bay Borough with no seat government of its own — there is deliberately no King Salmon seat dashboard, and no Bristol Bay Borough figures are included here.
- 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.
- Photo: none. No freely-licensed photo with a confirmed license name and photographer could be verified and normalized for this jurisdiction in this pass, so this page ships without a hero photo rather than with a substitute image.