Overview
In FY2025 the City and Borough’s governmental funds took in $49,498,704 and spent $38,842,139, an excess of $10,656,565; with net other financing uses of $964,765, total governmental fund balances rose $9,691,800 to $98,786,577. Sales and bed taxes ($20,647,393) are the largest revenue source, ahead of real and personal property taxes ($7,874,795) and investment income ($5,809,817). The General Fund ended the year with a balance of $25,315,531, within total governmental fund balances of $98,786,577 that also include the Permanent Fund ($28,061,682) and nonmajor funds ($45,185,998). Education spending of $8,649,880 and administration of $8,765,258 lead the spending side. The borough’s governmental-activities net position at June 30, 2025 was $198,377,913. The Sitka School District is a discretely presented component unit audited by other auditors; its own statements are not inside these governmental-fund totals, and enterprise funds are reported separately.
At a glance
Revenue
Total governmental-fund revenue lines re-add exactly to $49,498,704.
| Item | Amount |
|---|---|
| Sales and bed taxes | $20,647,393 |
| Real and personal property taxes | $7,874,795 |
| Investment income | $5,809,817 |
| Interfund services | $3,129,204 |
| Commercial passenger excise tax | $2,959,515 |
| Charges for services | $2,378,308 |
| State sources | $1,892,080 |
| Federal sources | $1,227,185 |
| Tobacco and marijuana taxes | $1,175,792 |
| Uses of property | $722,572 |
| Hospital sale | $700,000 |
| Licenses and permits | $498,915 |
| Other | $475,483 |
| Fines, forfeitures and penalties | $7,645 |
| Total audited governmental-fund revenue | $49,498,704 |
Spending
Total governmental-fund spending lines re-add exactly to $38,842,139. Administration, education, public safety and public services together are $30,232,485 of the total.
| Item | Amount |
|---|---|
| Administration | $8,765,258 |
| Education | $8,649,880 |
| Public safety | $7,226,278 |
| Public works | $5,631,050 |
| Public services | $4,791,969 |
| Capital outlay | $2,246,817 |
| Debt service — principal | $1,332,310 |
| Debt service — interest | $188,289 |
| Lease assets | $10,288 |
| Total audited governmental-fund expenditures | $38,842,139 |
Sources & notes
- Source used: City and Borough of Sitka Annual Comprehensive Financial Report, fiscal year ended June 30, 2025 (BDO USA, LLP; opinion: statements present fairly in all material respects), Statement of Revenues, Expenditures and Changes in Fund Balances — Governmental Funds (Exhibit B-3) Read the source document.
- Sum checks: total revenue $2,959,515 + $7,874,795 + $20,647,393 + $1,175,792 + $1,892,080 + $1,227,185 + $2,378,308 + $3,129,204 + $7,645 + $5,809,817 + $722,572 + $498,915 + $700,000 + $475,483 = $49,498,704; total spending $8,765,258 + $7,226,278 + $5,631,050 + $4,791,969 + $8,649,880 + $1,332,310 + $188,289 + $10,288 + $2,246,817 = $38,842,139; walk $49,498,704 − $38,842,139 − $964,765 = $9,691,800; $89,094,777 + $9,691,800 = $98,786,577.
- Scope disclosures: these are audited actuals, not budgeted figures. FY2026 budget ordinances at first reading only were not used. The Sitka School District is a discretely presented component unit audited by other auditors; its statements are not inside the governmental-fund totals above. Enterprise funds are reported separately and are not in these totals.
- Identity: this is the City and Borough of Sitka, Alaska, a unified single unit. There is no separate seat government and no seat file.
- 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: Sitka waterfront, Sitka, Alaska (May 2024) (Jim Heaphy, CC BY-SA 4.0, via Wikimedia Commons).