The 2022 ASD bond proposal is a 2-year proposition that benefits 25 schools across the District. It includes funds to replace the Inlet View Elementary building, and focuses heavily on security and safety improvements, roof replacement and restoration, and other deferred major maintenance needs. If passed by voters, the District will not pursue a bond in 2023.
Estimated Taxpayer Impact*
(based on $100K assessed property value)
Added tax potential
from new bonds:
Reduced tax potential
from retired bond debt:
2-year Bond Cycle
ASD has entered a 2-year bond cycle, meaning that if passed, then school bonds will not be on the ballot in 2023.
State Debt Reimbursement
Of the $452 million bonds outstanding as of June 30, 2021, the state debt reimbursement program is expected to cover 36.2 percent.
This is subject to appropriation and is susceptible to governor’s vetoes or legislative action.
Paying Off Debt
More than $102 million bond debt retired during 2022-23
The 2022 School Bond proposition will support schools across the Municipality of Anchorage
Roof Replacement and Improvement Projects: $32,741,000
Prioritized Security Vestibule & Security Improvements: $16,030,000
Deferred Requirements Project: $9,557,000
Planning & Design Projects – 2024 Deferred Requirements Projects: $2,780,000
Bettye Davis East Anchorage High School Academic Area Safety Improvements: $6,073,000
Lake Otis Elementary Building Life Extension: $12,942,000
Inlet View Elementary School Replacement Construction: $30,967,000
Total Amount for Bond Proposition: $111,090,000
How will the proposed bond affect your neighborhood?
Click on the pindrops to see specific site improvements
Ongoing ASD Maintenance Work
ASD has more than 7.8 million square feet of facilities and maintains the largest public facility footprint in the State of Alaska. As Alaska’s largest public school district, ASD budgets nearly $21 million annually for building and preventive maintenance. A quality school’s functional life, without major renewal, ranges from 30 to 50 years. However, for ASD’s 86 school buildings—many built in the population boom of the 1960s and 1970s, additional funds beyond the maintenance budget are required.
To read the entire bond proposition, click here.