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In accordance with AS 29.05.011 , the economy of a proposed city must include the human and financial resources necessary to provide essential city services on an efficient, cost-effective level. In this regard, the commission
(1) will consider
(A) the reasonably anticipated functions of the proposed city;
(B) the reasonably anticipated expenses of the proposed city;
(C) the ability of the proposed city to generate and collect local revenue, and the reasonably anticipated income of the proposed city;
(D) the feasibility and plausibility of the anticipated operating and capital budgets of the proposed city through the third full fiscal year of operation;
(E) the economic base of the proposed city;
(F) property valuations for the proposed city;
(G) existing and reasonably anticipated industrial, commercial, and resource development for the proposed city; and
(H) personal income of residents of the proposed city; and
(2) may consider other relevant factors, including
(A) land use for the proposed city;
(B) the need for and availability of employable skilled and unskilled persons to serve the proposed city; and
(C) a reasonably predictable level of commitment and interest of the residents in sustaining a city.
History: Eff. 7/31/92, Register 123; am 5/19/2002, Register 162
Authority: Art. X, sec. 12,
Ak Const.
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Last modified 7/05/2006