• 2022 Bond image

  • 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:
    $24.73/$100K 

    Reduced tax potential
    from retired bond debt:
    ($11.80)/$100K

2-year Bond Cycle

  • 2yearbond

    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

  • Hard hatASD 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.