Monday, March 09, 2009

Final List Of Anchorage 2009 Municipal Election Ballot Propositions

Post updated April 1st to include media endorsements.

The propositions to be placed on the ballot for the Anchorage 2009 Municipal Election, to be held on April 7th, 2009, have now been enumerated, entitled, and finalized. Information on the election is posted on the Municipality's Election Page.

The total value of the first eight propositions presented below is $141,035,000. If all are passed, the increase in property tax per $100,000 of valued assessment will be $24.79, assuming debt reimbursement is granted where applicable. Without debt reimbursement, the increase would be $39.71.

Bear in mind that this will be partially offset by the fact that the Anchorage School District has retired approximately $46 million in bond indebtedness since April 2008. Visit the Anchorage School District's Bond Page for more detailed information on and explanation of the two school bonds. Read Rebecca Logan's analysis of these bonds on The Alaska Standard. KTUU Channel 2 February 2nd story about the bonds HERE.

On February 3rd, the Assembly cut back on some of the bonds. The abbreviated list below incorporates the changes (full list with all details HERE).

-- Anchorage Daily News endorsement of Props 1 & 2 HERE.
-- Anchorage Daily News endorsement of Props 3-8 HERE.
-- Jose Vicente's Alaska Star column opposing Props 1 & 2 HERE.

(1). PROPOSITION 1 - SCHOOLS ADDITION, RENEWAL AND DESIGN BONDS: A proposal to issue $69,880,000 of General Obligation Bonds of the Municipality of Anchorage to pay the costs of capital improvements to Service High School, Eagle River High School and Girdwood K-8 School (addendum).
--- Increase in property tax per $100,000 valuation: With debt reimbursement, $7.27; without debt reimbursement, $18.34. To be voted upon by all voters residing within the Municipality of Anchorage. (AO 2009-8(S))

(2). PROPOSITION 2 - EDUCATIONAL CAPITAL IMPROVEMENTS DISTRICTWIDE MAJOR BUILDING SYSTEMS RENEWAL, REPLACEMENT, RENOVATION AND ACQUISITION BONDS: A proposal to issue $27,480,000 of General Obligation Bonds of the Municipality of Anchorage to pay the costs of educational capital improvements for Districtwide Building Systems Renewals, Replacements, Renovations and Acquisitions (addendum).
--- Increase in property tax per $100,000 valuation: With debt reimbursement, $3.36; without debt reimbursement, $7.21. To be voted upon by all voters residing within the Municipality of Anchorage. (AO 2009-9(S))

(3). PROPOSITION 3 - ANCHORAGE ROADS AND DRAINAGE SERVICE AREA ROAD AND STORM DRAINAGE BONDS: A proposal to issue $34,225,000 of General Obligation Bonds of the Municipality of Anchorage to pay the costs of roads, storm drainage and related capital improvements and the question of an increase in the municipal tax cap limitation to pay associated operations and maintenance costs in the Anchorage Roads and Drainage Service Area.
--- Increase in property tax per $100,000 valuation: $11.53
--- Increase in municipal tax cap: $2.25
To be voted upon by all qualified voters residing within the Anchorage Roads and Drainage Service Area and areawide Municipality of Anchorage. (AO 2009-10 as amended)
-- Todd Jacobson's ADN column in support of Prop 3 HERE
-- Alaska Star article HERE

(4). PROPOSITION 4 - ANCHORAGE BOWL PARKS AND RECREATION SERVICE AREA CAPITAL IMPROVEMENT BONDS: A proposal to issue $1,850,000 of General Obligation Bonds of the Municipality of Anchorage to pay the costs of constructing, renovating and equipping park and trail improvements and recreational facilities, and the question of an increase in the municipal tax cap limitation to pay associated operations and maintenance costs in the Anchorage Bowl Parks and Recreation Service Area, without cost to Chugiak, Eagle River, Girdwood and other taxpayers outside the service area.
--- Increase in property tax per $100,000 valuation: $0.57
--- Increase in municipal tax cap: $0.35
To be voted upon by all voters residing within the Anchorage Parks and Recreation Service Area and areawide within the Municipality of Anchorage. (AO 2009-11 as amended)
-- Alaska Star article HERE

(5). PROPOSITION 5 - PUBLIC FACILITY CAPITAL IMPROVEMENT BONDS: A proposal to issue $1,500,000 of General Obligation Bonds of the Municipality of Anchorage to pay the costs of Facilities Renovations and Related Capital Improvements, and the question of an increase in the municipal tax cap limitation to pay associated operations and maintenance costs.
--- Increase in property tax per $100,000 valuation: $0.40
--- Increase in municipal tax cap: $1.50
To be voted upon by all voters residing within the Municipality of Anchorage. (AO 2009-12 as amended)
-- Alaska Star article HERE

(6). PROPOSITION 6 - AREAWIDE PUBLIC SAFETY AND TRANSPORTATION CAPITAL IMPROVEMENT BONDS: A proposal to issue $1,300,000 of General Obligation Bonds of the Municipality of Anchorage to pay the costs of Public Safety and Transportation Improvements and related capital improvements, and the question of an increase in the municipal tax cap limitation to pay associated operations and maintenance costs.
--- Increase in property tax per $100,000 valuation: $0.34
--- Increase in municipal tax cap: $2.28
To be voted upon by all voters residing within the Municipality of Anchorage. (AO 2009-13 as amended)

(7). PROPOSITION 7 - ANCHORAGE FIRE SERVICE AREA FIRE PROTECTION BONDS: A proposal to issue $1,800,000 of General Obligation Bonds of the Municipality of Anchorage to pay the costs of public safety facilities (fire) and related capital improvements and the question of an increase in the municipal tax cap limitation to pay associated operations and maintenance costs in the Anchorage Fire Service Area.
--- Increase in property tax per $100,000 valuation: $0.51
--- Increase in municipal tax cap: $0.18
To be voted upon by all voters residing within the Anchorage Fire Service Area and within the Municipality of Anchorage. (AO 2009-15)

(8). PROPOSITION 8 - ANCHORAGE METROPOLITAN POLICE SERVICE AREA FACILITIES BONDS: A proposal to issue $3,000,000 of General Obligation Bonds of the Municipality of Anchorage to pay the costs of public safety and police protection capital improvements and the question of an increase in the municipal tax cap limitation to pay associated operations and maintenance costs in the Anchorage Police Service Area.
--- Increase in property tax per $100,000 valuation: $0.81
--- Increase in municipal tax cap: $2.11
To be voted upon by all voters residing within the Anchorage Metropolitan Police Service Area and areawide. (AO 2009-14 as amended)

PROPOSITION 9 - CHARTER AMENDMENT TAX INCREASE LIMITATION
Shall Anchorage Municipal Charter Section 14.03(a) of the Charter Tax Increase Limitation be amended to read as follows: [New language proposed is shown in bold and underlined. No language in the existing section 14.03 (a) is has been deleted.]
Section 14.03. Tax increase limitation.

(a) Except as provided in this section, the total amount of municipal tax that can be levied during a fiscal year shall not exceed the total amount approved by the assembly for the preceding year by more than a percentage determined by adding the average percentage increase in the Federal Consumer Price Index for Anchorage from the preceding five fiscal years plus the average percentage growth or loss in the Anchorage municipal population over the preceding five fiscal years as determined by the state department of community and regional affairs.

--(1) The “total amount of the municipal tax that can be levied during a fiscal year” and the “total amount approved by the assembly for the proceeding year” in subsection (a) of this section shall include all payments in-lieu of taxes paid or to be paid by any Municipality of Anchorage utility, department, agency or public corporation or authority.

This Amendment to Charter §14.03 shall take effect immediately upon passage and approval, and shall be first applied to the Municipality of Anchorage Tax Limitation calculations for the tax year 2010 and phased in by including one-third (1/3) of each year’s payments-in-lieu of taxes each year beginning in 2010 and all such payments shall be applied beginning in 2013.
To be voted upon by all voters residing within the Municipality of Anchorage.

Summary of Economic Effects provided by Office of Management & Budget is linked here

PROPOSITIONS 10 & 11 are LRSA bonds which can be viewed HERE.

1 comment:

  1. As usual Comeau wants "Money". Hopefully the voters will say no.

    ReplyDelete