Alaska has earned first place in our 2020 Financial State of the State report for the 10th year in a row. After paying all their bills Alaska had $21 billion left over for future bills, which is divided out to $77,000 per Alaskan taxpayer.

Alaska’s pensions are only 67.5 percent funded with  $4.8 billion in unfunded benefits. But Alaska has fully funded its retiree health care benefits.

We have estimated that Alaska will lose $3 billion due to COVID-19, but the state is seemingly well prepared for this economic loss.