Overview
Soldotna’s adopted FY2027 General Fund budget spends more than it takes in, drawing down fund balance even after a projected expenditure lapse: adopted revenue of $14,023,961 against adopted expenditures of $16,566,278, a gap of $2,542,317, reduced by a projected 5% lapse of $828,314 to a projected fund-balance decrease of $1,714,003. Sales taxes dominate revenue — $9,520,000 in local sales tax plus $950,250 in online (remote-seller) sales tax, together $10,470,250, about three-quarters of General Fund revenue. The city’s general sales-tax rate rises from 3.0% to 3.5% effective January 1, 2027 (Ordinance 2026-012), with the added half-percent restricted to a separate fund; the property-tax levy stays at 0.5 mills on a taxable assessed value of $765,263,273.
Source: City of Soldotna Mid-Biennium Update, FY2026–2027 Biennial Operating Budget, adopted June 24, 2026 (Ordinance 2026-016).
At a glance
Revenue
General revenues of $12,786,261 plus Parks & Recreation revenues of $1,237,700 re-add exactly to the adopted total.
| Item | Amount |
|---|---|
| Sales taxes (local) | $9,520,000 |
| Online sales taxes (remote seller) | $950,250 |
| Parks & Recreation revenues | $1,237,700 |
| Interest | $826,000 |
| State PERS relief funding | $458,027 |
| Property taxes | $403,500 |
| Administrative service revenue | $281,093 |
| All other general revenues | $347,391 |
| Total adopted General Fund revenue | $14,023,961 |
Spending
By function, the four groups re-add exactly to $16,566,278. The largest single departments are Police ($3,900,963) and Non-Departmental ($2,727,333, which includes the $320,768 higher transfer to the Debt Service Fund for the second tranche of Field House bonds issued April 14, 2026).
| Item | Amount |
|---|---|
| Police | $3,900,963 |
| Non-Departmental | $2,727,333 |
| Streets | $1,313,266 |
| Ice Arena | $1,145,801 |
| Library | $1,070,119 |
| Finance | $734,808 |
| Shop | $691,136 |
| Field House | $678,152 |
| Public Works Administration | $656,660 |
| Parks | $608,779 |
| Campgrounds | $531,730 |
| Information Technology | $481,371 |
| City Manager | $466,509 |
| City Clerk | $393,752 |
| Human Resources | $371,440 |
| Economic Development & Planning | $365,873 |
| Building Repair & Maintenance | $325,975 |
| Mayor & Council | $102,611 |
| Total adopted General Fund expenditures | $16,566,278 |
Sources & notes
- Source used: City of Soldotna Mid-Biennium Update to the Fiscal Year 2026 and 2027 Biennial Operating Budget, General Fund Recap, Revenues, and Expenditures by Department (FY27 Updated Budget columns) Read the source document. Adoption: Ordinance 2026-016, enacted June 24, 2026, 6–0, appropriating $584,793 in additional General Fund expenditures over the originally adopted FY2027 budget.
- Sum checks: revenue $9,520,000 + $950,250 + $1,237,700 + $826,000 + $458,027 + $403,500 + $281,093 + $347,391 = $14,023,961; department lines sum to $16,566,278; function totals $5,277,824 + $3,900,963 + $3,352,910 + $4,034,581 = $16,566,278; fund-balance walk $14,023,961 − $16,566,278 + $828,314 = −$1,714,003. All-funds FY2027: revenues $20,149,262, expenditures $21,154,080, lapse $988,351, net fund-balance decrease $16,467 — shown for context only, not added to the General Fund.
- Filename disclosure: the source file is named “final draft”, but the document states “Adopted June 24, 2026 (Ordinance 2026-016)” on its cover, every footer, and in the ordinance text itself. This page cites the ordinance, never the filename.
- Identity: this is the City of Soldotna, Alaska, inside the Kenai Peninsula Borough. It is not the Kenai Peninsula 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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