Under Palin, Wasilla Government Spending And Debt Skyrocketed

A Closer Look At Sarah Palin's Record In Office

The McCain-Palin team has been touting her executive record as mayor, but did they mean to highlight her experience growing government spending and expanding debt?

Under Palin, Wasilla Government Spending And Debt Skyrocketed
Total Government Expenditures Increased 63 Percent Under Palin. In fiscal 2003—the last fiscal year Palin approved the budget—the total government expenditures of Wasilla, excluding capital outlays, were $7,046,325. In fiscal 1996—the year before Palin took control of the budget—the expenditures were $4,317,947. The increase was 63 percent. [Wasilla Comprehensive Annual Financial Report 2003, Table 1]

Palin Supported Increasing Wasilla Sales Tax From 2 to 2.5 Percent to Build $14.7 Million Sports Center. “Wasilla residents have given the go ahead to building a new multiuse sports center in town and to raising the city sales tax to pay for it. With the final votes counted Friday, residents voted 306 to 286 in favor of a measure to raise the city sales tax from 2 percent to 2.5 percent to pay the estimated $14.7 million cost of building the center…Mayor Sarah Palin, who supported the measure, said the tight vote will motivate city officials to keep a close eye on the budget for the center.” [Anchorage Daily News, 3/9/02]

Palin Left Behind Almost $19 Million In Long-Term Debt, Compared to None Before She Was Mayor. In fiscal 2003—the last fiscal year Palin approved the budget—the bonded long-term debt was $18,635,000. In fiscal 1996—the year before Palin took control of the budget—there was no general obligation debt. [Wasilla Comprehensive Annual Financial Report 2003, Table 10]