The Haines Borough has a healthy amount of savings, better than many other Alaska municipalities, according to the 2020 financial audit.
Based on average monthly spending and roughly $6.2 million in savings accounts (not counting the borough’s permanent fund), Haines has 8.6 months of operating funds in reserve.
“We consider that to be reasonable,” auditor Max Mertz said. “When you compare Haines to other municipal entities around the state, you’re actually in pretty good shape.…
