• These bonds would pay for capital improvements for Anchorage School District school improvement projects. For each $100,000 of assessed taxable property value, the estimated annual increase in taxes is $8.03 to retire the proposed bonds. Property owners throughout the Municipality of Anchorage would be taxed for these bonds.
• The specific projects expected to be funded include, but are not limited to: College Gate Elementary School Roof Replacement & Seismic Structural Upgrades ($6,383,000); East High School Academic Area Safety Improvements ($6,073,000); 1990 Prototypical Roof Improvement Projects Kasuun & Kincaid Elementary Schools ($11,750,000); Warehouse/Purchasing Roof Replacement & Seismic Structural Upgrades ($4,110,000); and Prioritized Security Vestibule & Security Improvements Birchwood, Bowman, Northwood, Ocean View, Spring Hill, and Trailside ($9,471,000).

• These bonds would pay for capital improvements to upgrade the infrastructure of the Anchorage Areawide Radio Network, acquire new replacement ambulances and fuel tanks, acquire and replace transit vehicles and support equipment, and undertake school zone safety improvements, bus stop improvements, and improvements to transit facilities and centers. For each $100,000 of assessed property value, the estimated annual costs are $0.96 to retire the proposed bonds. Property owners throughout the Municipality of Anchorage would be taxed for these bonds.
• The specific projects expected to be funded include, but are not limited to: Anchorage Areawide Radio Network Infrastructure Upgrade ($1,700,000); Fire Ambulance Replacement ($810,000); Fuel Tanks ($500,000); School Zone Safety ($500,000); Transit Facilities, Centers and Bus Stop Improvements ($445,000); and Transit Fleet/Support Equipment/Support Vehicle Replacement and Expansion ($665,000).

• These bonds would pay for roads and storm drainage capital acquisition, construction, renovation upgrades in the Anchorage Road and Drainage Service Area (ARDSA). For each $100,000 of assessed property value in the ARDSA, the estimated annual increase in taxes is $9.33 to retire the proposed bonds and an annual increase in the municipal tax cap of approximately $0.39 to pay for annual operation and maintenance costs. This will increase the municipal tax cap by an annual amount not to exceed $112,000 to pay for associated annual operation and maintenance (O&M) costs. Only property owners in the ARDSA would be taxed for these bonds. The ARDSA includes much of the Anchorage Bowl. The Proposition requires approval by voters residing in the entire Municipality, not just those residing in the ARDSA.
• For the full list of 39 projects, click here.

• These bonds would pay for acquiring replacement fire engines and making AFD facility improvements in the Anchorage Fire Service Area (AFSA). For each $100,000 of assessed property value in the AFSA, the estimated annual increase in taxes is $0.59 to retire the proposed bond. Only property owners in the AFSA would be taxed for these bonds, which includes the Anchorage Bowl and Eagle River.
• The specific projects expected to be funded include, but are not limited to: AFD Facility Improvements ($1,025,000); and Fire Engine Replacement ($1,600,000).

• These bonds would pay for acquiring a rescue truck for the Chugiak Volunteer Fire Department in the Chugiak Fire Service Area. For each $100,000 of assessed property value in the Chugiak Eagle River Service Area, the estimated annual increase in taxes is $2.53 to retire the proposed bonds. Only property owners in the Chugiak Fire Service Area would be taxed for these bonds, but the bond requires approval by voters residing in the entire Municipality.
• The specific projects expected to be funded include, but are not limited to: Rescue Truck Chugiak Volunteer Fire Department ($450,000).

• This proposition creates the Chugach State Park Access Service Area (CASA), to include all areas of the Municipality north of McHugh Creek, but excluding Fire Island, areas currently contained within the Eagle River-Chugiak Park and Recreational and Girdwood Valley Service Areas, and excluding areas of the Municipality within Tax District 15 (which contains Rainbow, Indian, Bird Creek, and Portage).
• The creation of this service area would allow the Municipality to submit to voters bond propositions for projects that support access to portions of Chugach State Park that are located in the service area and ameliorate the neighborhood effects of access by park users. Taxes may only be levied for this service area by subsequent approval of propositions by voters.

• Key elements of Proposition 11 would:
• Establish a new fiduciary board to manage the Trust, thereby replacing the Municipal Treasurer as the sole named fiduciary for the Trust;
• Require the fiduciary board advise both the administration and assembly;
• Require the Trust be managed consistent with the Uniform Prudent Investor Act which specifies principles and standards governing the conduct of fiduciaries serving investment funds;
• Confirm that Municipal Code Chapter 6.50 will be the vehicle by which the fund shall be invested and managed; and
• Allow for a one-year transition period in order to provide adequate time to transition from the sole fiduciary to a new Board of Trustees.

• To benefit all residents, this proposition would increase the residential real property tax exemption from the current twenty percent (20%) of the assessed value to forty percent (40%) of the assessed value, up to a maximum of $75,000. By increasing the exemption percentage to forty, residential properties with an assessed value less than $187,500 will see the exemption double. Residential properties with an assessed value equal to or greater than $187,500 will receive the maximum exemption of $75,000. It is expected that the change will benefit all properties up to $800,000 in assessed value. If passed, the increased exemption will be retroactive to January 1, 2023.

• This ordinance will make changes to the Anchorage Municipal Charter regarding filling vacancies on the Assembly and in the office of Mayor. These changes include:
• Change the period for holding a special election to fill a vacancy on the Assembly from not more than 60 days after a vacancy occurs to no sooner than 90 days;
• Revise the requirements for electing a successor when there is a vacancy in the office of Mayor;
• Allow the Assembly to appoint a person to the chair’s Assembly District seat during service as acting mayor;
• At the end of that service, direct that the Assembly chair and vice chair positions return to those holding them at the time the vacancy in the office of mayor occurred; and
• Allow costs for special elections for these offices to be paid for by property taxes collected above the tax cap, excluding these costs from the tax increase limitation calculation.

• The Anchorage Municipal Charter would be amended by adding a new Section 6.06 to Article VI. The new section would:
• Dedicate retail marijuana sales tax net proceeds for child care and early education;
• Establish an Accountability Board of Child Care and Early Education and define its composition and purpose;
• Dedicate the net retail marijuana sales tax revenues to this board’s budgeted activities;
• Move the marijuana sales taxes from under the tax increase limitation (tax cap) calculation to be above the tax cap and lower the tax cap one time by $1,000,000 in 2024; and
• Lower the maximum tax on all retail sales of marijuana and marijuana products from 12% to 10% of the sales price. The initial rate of levy remains 5% which may not be increased until after June 2028.

• These bonds would pay the costs of renovating and rehabilitating trails and parks, and making improvements at various parks and recreation facilities in the Anchorage Parks and Recreation Service Area (APRSA). For each $100,000 of assessed property value in the APRSA, the estimated annual increase in taxes is $0.96 to retire the proposed bonds and an annual increase in the municipal tax cap of $0.62 to pay for additional annual operation and maintenance (O&M) costs, not to exceed $195,000.
• The specific projects located in Senate District H expected to be funded include, but are not limited to: Fish Creek Trail to Ocean ($150,000); Tony Knowles Coastal Trail to Ship Creek Connection ($150,000); Spenard Recreation Center Improvements ($200,000).
• Other projects include: Campbell Creek Trail Rehabilitation ($300,000); Peratrovich Park Updates ($700,000); Ship Creek Trail ($250,000); Athletic Field Safety Improvements ($200,000); Chester Creek Complex Facility, Security, and ADA Improvements ($100,000); Playground Development ($300,000); Far North Bicentennial Park Bridge Replacement ($150,000); Russian Jack Springs Park Safety & ADA Improvements ($300,000); Fairview Recreation Center Improvements ($500,000); Midtown Park Family Chalet ($300,000); and Mulcahy Stadium Improvements ($350,000).