The economy at a glance

Posted: Thursday, February 17, 2005

Kenai's top property taxpayers

Below are the top 10 city of Kenai property taxpayers for 2004 and the assessed values of their holdings.

1. Home Depot USA Inc., $10,659,106

2. ACS of the Northland, $9,650,893

3. Kenai Plaza/Carrs-Safeway LLC, $7,384,400

4. Marathon Oil Co., $5,552,850

5. Era Aviation Inc., $4,334,453

6. Schilling, Clare T and Schilling, $3,004,500

7. Carrs Gottstein No. 1808, $2,773,009

8. Salamatof Native Association Inc., $2,412,100

9. Salamatof Seafoods Inc., $2,335,704

10. Enstar Natural Gas Co., $2,139,568

— Source: Kenai Peninsula Borough

Note: The total property tax rate (combined city and borough property taxes) in Kenai is 12.1 mills.

Borough's top sales taxpayers

Below are the top 10 sales tax accounts for the Kenai Peninsula Borough for 2004 compared with those in 2003.

Fiscal Year 2004

1. Fred Meyer Inc.

2. Safeway Inc. Kenai

3. Homer Electric Association

4. Safeway Inc. Soldotna

5. Eagle Quality Center Homer

6. Spenard Builders Supply

7. Alaska Communications Systems

8. Home Depot Kenai

9. Eagle Quality Center Seward

10. Three Bears

Fiscal Year 2003

1. Fred Meyer Inc.

2. Homer Electric Association

3. Safeway Inc. Kenai

4. Safeway Inc. Soldotna

5. Kmart Kenai

6. Spenard Builders Supply

7. Eagle Quality Center (Safeway) Homer

8. Alaska Communications Systems

9. Eagle Quality Center Seward

10 AT&T Wireless

— Source: Kenai Peninsula Borough

Top 10 Employers

Below are the top 10 Kenai Peninsula employers for 2003 and 2002 from the Alaska Department of Labor and Workplace Development.

Employer 2003

1. Kenai Peninsula Borough School District — 1,356

2. State of Alaska — 853*

3. U.S. government — 427

4. Central Peninsula General Hospital — 396

5. Kenai Peninsula Borough — 368

6. Safeway-Eagle Stores — 342

7. Frontier Community Services — 330

8. South Peninsula Hospital — 268

9. Agrium Inc. — 263

10. University of Alaska — 231

Employer 2002

1. Kenai Peninsula Borough School District — 1,325

2. State of Alaska — 880*

3. U.S. government — 428

4. Central Peninsula General Hospital — 372

5. Kenai Peninsula Borough — 352

6. Peak Oilfield Services — 349

7. Safeway Inc. — 331

8. Agrium Inc. — 297

9. Frontier Community Services — 278

10. South Peninsula Hospital — 247

* Does not include University of Alaska employees.

Homer's top sales taxpayers

Below are the top 10 sales tax accounts in the city of Homer between 2004 and 2003.

Fiscal Year 2004

1. Eagle Quality Center

2. Save-U-More Homer

3. Spenard Builders Supply

4. Petro Express Tesoro

5. Petro Marine Services

6. City of Homer

7. Land's End Resort

8. Ulmer's True Value Hardware

9. Homer Electric Association Inc.

10. ACS of the Northland Inc.

Fiscal Year 2003

1. Eagle Quality Center (Safeway)

2. Save-U-More Homer

3. Spenard Builders Supply

4. Petro Express Tesoro

5. Petro Marine Services

6. Land's End Resort

7. Kachemak Gear Shed

8. City of Homer

9. Homer Electric Association Inc.

10. Ulmer's True Value

— Source: Kenai Peninsula Borough

Seward's top sales taxpayers

Below are the top 10 sales tax accounts for the city of Seward for 2004 and 2003. Note: 2003 rankings published in the economy section last year included the same firms but slightly different rankings. According to Troy Tankersley, borough accounting supervisor, subsequent data changed those rankings, which now coincide with those of 2004.

Fiscal Year 2004

1. Eagle Quality Center

2. Kenai Fjords Tours

3. City of Seward

4. Three Bears No. 20

5. Shoreside Petroleum Inc.-Shoreside Marina

6. Breeze inn Motel-Restaurant-Bar

7. Shoreside Tesoro

8. Major Marine Tours

9. The Fish House-Bay Traders True Value

10. Ray's Waterfront Bar & Grill

Fiscal Year 2003

1. Eagle Quality Center

2. Kenai Fjords Tours

3. City of Seward

4. Three Bears No. 20

5. Shoreside Petroleum Inc-Shoreside Marina

6. Breeze Inn Motel-Restaurant-Bar

7. Shoreside Tesoro

8. Major Marine Tours

9. The Fish House-Bay Traders True Value

10. Ray's Waterfront Bar & Grill

— Source: Kenai Peninsula Borough

Borough's top property taxpayers

Below are the top 10 borough property taxpayers for 2004 and 2003 and the assessed values of their holdings.

2004 Assessed Values

1. Unocal $296,051,270

2. ConocoPhillips $210,907,198

3. Agrium $181,576,080

4. Tesoro AK Co. $147,063,643

5. Forest Oil Corp. $102,694,740

6. BP Exploration $82,989,137

7. ACS $76,885,701

8. Marathon Oil $60,683,150

9. XTO Energy Inc. $42,061,260

10. Cook Inlet Pipeline Co. $21,992,800

2003 Assessed Values

1. Unocal $401,509,430

2. Agrium US Inc. $190,340,291

3. Phillips Petroleum $141,077,772

4. Tesoro Alaska Petroleum Co. $96,489,062

5. ACS $78,681,598

6. BP Exploration $77,783,465

7. Marathon and partners $59,933,610

8. XTO Energy Inc. $49,164,960

9. Forest Oil Corporation $29,451,590

10. Cook Inlet Pipeline Co. $22,915,340

— Source: Kenai Peninsula Borough

Soldotna's top property taxpayers

Below are the top 10 city of Soldotna property taxpayers for 2004 and the assessed values of their holdings.

1. ACS of the Northland, $15,821,256

2. Fred Meyer of Alaska Inc., $15,257,879

3. Mundell, Earl C. & Alice E., $6176330

4. Safeway Stores Inc., $5,327,237

5. Stenga, Herman and Janet L., $4,422,200

6. Guest Soldotna LLC, $2,858,900

7. Hutchings, David and Linda, $2,447,500

8. Prime Cable of Alaska, $2,414,412

9. Martin, Glen F., $2,338,300

10. National Bank of Alaska, $2,317,000

— Source: Kenai Peninsula Borough

Note: The total property tax rate (combined city and borough property taxes) in Soldotna is 11.6, or $1,160 per $100,000 in assessed value.



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