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Econ 919 — How the Kenai Peninsula Works

Weekly economic report for the Kenai Peninsula from the KDLL News Team

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  • House sign
    Econ 919 — Real estate market returning to normal
    Soldotna real estate agent Marti Pepper says after a few years of skyrocketing prices and buyers sometimes paying for homes in cash, agents are now seeing a slower pace — more normal for this time in the season.
  • The Kenai Peninsula Borough School District is facing a $13.1 million deficit for the next fiscal year. This issue comes as districts statewide struggle with a lack of inflationary adjustments to the education funding from the state.
  • cook_inlet_tide.jpeg
    Econ 919 — Gas rig tax dispute costs borough
    Natural gas producer HEX is appealing the state's assessment on its property in Cook Inlet. The Kenai Peninsula Borough gets about half the sales tax on the property each year — and has spent hundreds of thousands of dollars in legal fees to litigate the matter.
  • kim.jpg
    Econ 919 — Local producers fill cracks during egg shortage
    An egg shortage is hitting grocery stores around the country. Local food advocates say now is a good time to think about strengthening the food ecosystem here at home.
  • Cook-inlet-oil-696x464.jpg
    Econ 919 — Cook Inlet sale points to larger industry trends
    Industry watchers said they weren’t surprised that Hilcorp was the only company to bid in the inlet sale. But they say the lackluster interest results point toward bigger trends around the globe.
  • lockers poux.jfif
    Econ 919 — Classroom count
    Student enrollment in the Kenai Peninsula Borough School District is holding somewhat steady while the borough’s population grows. That’s according to the latest student counts and enrollment projections for the district.
  • "Compass Lines" is out in March. It's local author John Messick's first book.
  • Bright Lights 2022_album cover(3).jpg
    Econ 919 — Sales from original holiday music help rural Alaska
    For the third year in a row, two Alaska producers with peninsula roots have put together a compilation of original holiday music to benefit women’s shelters across the state.
  • On the southern peninsula, where Hilcorp does lots of oil and gas exploration, not all private property owners are content to lease the company their mineral rights. Some of Hilcorp’s neighbors in Ninilchik are rejecting the company’s offers for the gas beneath their land.
  • A task force surveyed North Road residents, and determined most people support extending the Kenai Spurr Highway all the way to Point Possession. The current extension, to Otter Creek, was just completed in 2020.