Alaska's Non-Oil Tax Revenue

Alaska's tax revenue grew at an average annual rate of 12 percent from fiscal year 2001 through fiscal year 2006. (See Exhibit 1.) This growth came from both oil taxes and non-oil taxes. From 2006 to 2011, however, oil tax revenue is projected to decline at an average rate of 2 percent a year, while non-oil tax revenue is projected to increase at an average rate of 4 percent.