• Client: Southeast Conference
  • Date: Apr 2019
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Each Spring Rain Coast Data conducts a regional business climate survey on behalf of Southeast Conference. This year businesses were also asked to rate their preferences regarding how they would like to see to the state achieve a balanced budget, and 320 Southeast business leaders from 25 communities provided their insights.

Of the 15 categories of budget components businesses were asked to rank, the top four elements Southeast business leaders would most like to see used to address the fiscal gap include:

1) Reducing oil tax credits (77%)
2) Reducing individual PFD payments (72%)
3) Increasing the percent of market value earnings from the Permanent Fund used to pay for state services (66%)
4) Instituting a state-wide income tax (63%)

The categories businesses would least like to see used to balance the state budget include cuts to the Alaska Marine Highway System, cuts to K-12 education, and implementation of a state property tax.

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