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School Bond Information — April 3, 2007 Election

Tax impact of bonds

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Taxes needed to retire bond, per $100,000 assessed property value

Proposition

Without state
reimbursement1

With state
reimbursement

4 $18.93/year $7.57/year
5

$5.83/year

$1.75/year
Both $24.76/year $9.32/year
 

Increase to the municipal tax cap to pay for annual operation and maintenance costs

Proposition

Tax impact

Space related to

4 1.51 Clark
5 N/A N/A
Both 1.51 Clark

1Voters will be asked to approve full amount. Should the legislature fail to provide any reimbursement funds in a given year, Anchorage property owners will pay this amount.

State Debt Reimbursement Plan

The state has provided various bond debt reimbursement plans since 1976. Past practice is not a guarantee of future performance, but a year-by-year history of how much of its debt reimbursement obligation each year's legislature actually funded can be found here.

 

Use our bond comment box to send comments or questions.If you have comments or questions regarding these bonds, call 907-742-4153 or e-mail us using our Bond comment box

 


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Municipality of Anchorage
State of Alaska

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