In accordance with AS 29.05.031(a)(3), the economy of a proposed borough must include the human and financial resources necessary to provide the development of essential municipal services on an efficient, cost-effective level, In this regard, the commission
(1) will consider
- (A) the reasonably anticipated functions of the proposed borough;
- (B) the reasonably anticipated expenses of the proposed borough;
- (C) the ability of the proposed borough to generate and collect revenue at the local level;
- (D) the reasonably anticipated income of the proposed borough;
(E) the feasibility and plausibility of the anticipated operating and capital budgets of the proposed borough through the period extending one full fiscal year beyond the reasonably anticipated date
- (i) for receipt of the final organization grant under AS 29.05.190;
- (ii) for completion of the transition set out in AS 29.05.130 - 29.05.140 and 3 AAC 110.900; and
- (iii) on which the proposed borough will make its first full local contribution required under AS 14.17.410(b)(2);
- (F) the economic base of the area within the proposed borough;
- (G) valuations of taxable property within the proposed borough;
- (H) land use within the proposed borough;
- (I) existing and reasonably anticipated industrial, commercial, and resource development for the proposed borough; and
- (J) personal income of residents within the proposed borough; and
(2) may consider other relevant factors, including
- (A) the need for and availability of employable skilled and unskilled persons to serve the proposed borough government; and
- (B) a reasonably predictable level of commitment and interest of the population in sustaining a borough government.
(Eff. 10/12/91, Register 120; am 5/19/2002, Register 162; am 1/9/2008, Register 185)