Overview
For the calendar year ended December 31, 2025, Skagway’s governmental funds took in $26,778,817 and spent $19,330,922, an excess of $7,447,895; with net other financing uses of $3,961,696, total governmental fund balances rose $3,486,199 to $32,516,535. Taxes supply $22,425,277 of the $26,778,817 total — the sales-tax fund alone holds $20,395,120 of the ending fund balance, against a General Fund balance of just $1,687,206, because sales-tax revenue is transferred into the General Fund ($8,600,764 in transfers in) to fund general operations: the General Fund itself took in only $3,865,770 but spent $12,226,362. The borough’s governmental-activities net position at December 31, 2025 was $50,205,303. The Skagway School District is a discretely presented component unit; its statements are not inside these governmental-fund totals, and enterprise funds (water and sewer, small boat harbor, health clinic, port, garbage) are reported separately.
At a glance
Revenue
Total governmental-fund revenue lines re-add exactly to $26,778,817. Taxes are $22,425,277 of the total; the General Fund’s own revenues were $3,865,770 (taxes $2,337,580, State of Alaska $603,700, federal $288,145, investment income $113,013, other revenues $523,332).
| Item | Amount |
|---|---|
| Taxes | $22,425,277 |
| Investment income | $2,358,720 |
| State of Alaska | $615,741 |
| Other revenues | $523,332 |
| Charges for services | $326,139 |
| Federal government | $288,145 |
| Short-term rentals | $241,463 |
| Total audited governmental-fund revenue | $26,778,817 |
Spending
Total governmental-fund spending lines re-add exactly to $19,330,922. The General Fund spent $12,226,362 (general government $4,401,612, public safety $4,522,090, public works $1,137,042, culture, recreation and library $2,165,618), funded in large part by transfers from the sales-tax fund.
| Item | Amount |
|---|---|
| General government | $5,737,243 |
| Public safety | $4,522,090 |
| Education | $2,685,070 |
| Culture, recreation and library | $2,165,618 |
| Debt service — principal | $1,263,292 |
| Public works | $1,137,042 |
| Capital outlay | $1,124,384 |
| Debt service — interest | $696,183 |
| Total audited governmental-fund expenditures | $19,330,922 |
Sources & notes
- Source used: Municipality of Skagway Basic Financial Statements, Required Supplementary Information, and Supplementary Information, year ended December 31, 2025 (BDO USA, P.C.; Independent Auditor’s Report, Opinions: statements present fairly in all material respects as of December 31, 2025), Statement of Revenues, Expenditures and Changes in Fund Balances — Governmental Funds (Exhibit B-3) Read the source document.
- Sum checks: total revenue $22,425,277 + $288,145 + $615,741 + $2,358,720 + $326,139 + $241,463 + $523,332 = $26,778,817; total spending $5,737,243 + $4,522,090 + $1,137,042 + $2,165,618 + $2,685,070 + $1,263,292 + $696,183 + $1,124,384 = $19,330,922; walk $26,778,817 − $19,330,922 − $3,961,696 = $3,486,199; $29,030,336 + $3,486,199 = $32,516,535; General Fund $2,337,580 + $288,145 + $603,700 + $113,013 + $523,332 = $3,865,770; General Fund spending $4,401,612 + $4,522,090 + $1,137,042 + $2,165,618 = $12,226,362; General Fund $1,484,241 + $202,965 = $1,687,206 ending balance.
- Scope disclosures: these are audited actuals on a calendar-year basis (January 1 – December 31, 2025), not July–June figures and not a budget. The auditor’s opinion page and the December 31, 2025 statement date were both confirmed in the retrieved file before building. The Skagway School District is a discretely presented component unit; 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 Municipality of Skagway, Alaska, a consolidated 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: 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.