Saving Seafood

  • Home
  • News
    • Alerts
    • Conservation & Environment
    • Council Actions
    • Economic Impact
    • Enforcement
    • International & Trade
    • Law
    • Management & Regulation
    • Regulations
    • Nutrition
    • Opinion
    • Other News
    • Safety
    • Science
    • State and Local
  • News by Region
    • New England
    • Mid-Atlantic
    • South Atlantic
    • Gulf of Mexico
    • Pacific
    • North Pacific
    • Western Pacific
  • About
    • Contact Us
    • Fishing Terms Glossary

ALASKA: State fishery spending analyzed

January 5, 2016 — Most of the benefit from the commercial fishing industry goes to local government, while the state overspends itself, according to a new analysis.

A study conducted by Bob Loeffler and Steve Colt of the University of Alaska Anchorage’s Institute of Social and Economic Research found that the state spends about $27.2 million more on commercial fishing than it receives in revenue from the industry.

This includes regulation, operations and capital projects. However, it does not consider federal funds, which play a role in Alaska’s fisheries as many salt-water fisheries are at least partially federally managed.

Local governments make out considerably better — they take in about 40 percent of the revenue from the commercial fishing industry, according to the analysis. And that does not include the benefits to the local economy, such as spending at local businesses.

The state also spends far more on commercial fishing than it does on other sectors of the economy, such as mining and tourism, which where also examined in the ISER report. Including operations and capital projects, the state spends approximately $78.3 million on the commercial fishing industry every year. Combined with local governments’ expenditures, the total reaches approximately $96.8 million.

Read the full story at Peninsula Clarion

Recent Headlines

  • Scallops: Council Initiates Framework 35; Approves 2023-2024 Research-Set Aside Program Priorities
  • Offshore wind farms could reduce Atlantic City’s surfclam fishery revenue up to 25%, Rutgers study suggests
  • ‘Talk with us, not for us’: fishing communities accuse UN of ignoring their voices
  • VIRGINIA: Youngkin administration warns feds new wind areas could hurt commercial fisheries
  • Whale activists file objection to Gulf of Maine lobster fishery certification
  • NOAA Fisheries Invites Public Comment on New Draft Equity and Environmental Justice Strategy
  • MAINE: Lobstermen frustrated by regulations after new study shows whale entanglements decline
  • Over 100 Maine seafood dealers and processors awarded more than $15 million in grants

Most Popular Topics

Alaska Aquaculture ASMFC Atlantic States Marine Fisheries Commission California China Climate change Coronavirus COVID-19 Donald Trump groundfish Gulf of Maine Gulf of Mexico Illegal fishing IUU fishing Lobster Maine Massachusetts Mid-Atlantic National Marine Fisheries Service National Oceanic and Atmospheric Administration NEFMC New Bedford New England New England Fishery Management Council New Jersey New York NMFS NOAA NOAA Fisheries North Atlantic right whales North Carolina North Pacific offshore energy Offshore wind Pacific right whales Salmon Scallops South Atlantic Tuna Western Pacific Whales wind energy Wind Farms

Daily Updates & Alerts

Enter your email address to receive daily updates and alerts:
  • This field is for validation purposes and should be left unchanged.
Tweets by @savingseafood

Copyright © 2022 Saving Seafood · WordPress Web Design by Jessee Productions