Designed to allow Alaskan librarians to evaluate and compare their libraries, this annual report compiles information provided by public libraries receiving Public Assistance grants for fiscal years 1987 and 1988. Part I presents statistics for 1988; Part II reports the 1987 statistics. It is noted that the information reported for fiscal year 1988 is more complete and reliable than information from 1987, and it is recommended that caution be exercised in drawing conclusions based on comparisons of the two years. Within each part Section 1 organizes each table alphabetically by city while Section 2 organizes the same information by the population of the area served, from largest (Anchorage) to smallest (Takotna). In each section, seven tables summarize data on: (1) circulation and interlibrary loans; (2) size of collections--e.g., books, magazines, and videos; (3) sources of income--e.g., city, state, federal, and others; (4) expenditures--e.g., salaries, collections, other operating expenditures, operating expenditures per capita, and total capital expenditures; (5) expenditures for library materials--e.g., books, magazines, videos, records, microforms, maps, and software; (6) composition of library staff and volunteers, and the number of volunteer hours contributed; and (7) library services--e.g., hours open, attendance, reference questions answered, and programs presented per week. (SD)