• ASD bond logo

    ASD Two-Year School Bond

    Proposition 2

  • Aquarian Students reading a book The 2020 Two-Year School Bond will support 16 schools across the Municipality of Anchorage by funding:

     

    • Earthquake Recovery Projects
    • Seismic Improvements
    • Safety, Education, and Environmental Upgrades
    • Capital Improvement Planning and Construction
  • Impact to Taxpayers


    • Two-Year Bond (No 2021 Bond)
    • $29.1M less than the amount being paid off
    • Estimated cost to taxpayers is $6.85 per $100,000 of assessed property valuation (accounts for $111.9M of paid off bond debt)

     

  • 2 year cycle Two-Year Bond Cycle


    ASD has entered a two-year bond cycle, meaning school bonds will not be on the ballot in 2021.

  • What effect will the ASD Bond have on our job market?

    According to estimates provided by the Anchorage Economic Development Corporation,
    if Proposition 2 passes, Anchorage could see the following job market improvements:

    • 344 Direct Construction Jobs
    • 66 Indirect
    • 127 Induced

    537 Total jobs

    Total Compensation for all jobs: $44,555,937

    Total Sales/Output for all jobs: $118,706,720

How will the proposed bond affect your neighborhood?

Click on the pindrops to see specific site improvements

Paying Off Debt

$111.9 million bond debt retirement during the next two years

Ongoing ASD Maintenance Work

  • ASD has more than 7.8 million square feet in 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.