A bond is a long-term tax

The Anchorage Assembly tonight is slated to vote on a list of about $60 million in bonds to appear on the April 6 election ballot for approval.

There is $3.6 million for trail and recreational facilities, $1.95 million for fire protection capital improvements, $5.3 million for safety and transit improvements, $8 million for capital improvement projects across Anchorage, $36 million for road and storm drainage capital improvements and $3.9 million for public safety improvements.

All that adds up to about $18.81 per $100,000 in assessed property value, or about a $56 property tax increase for the owner of a $300,000 property.

It all sounds good, but a bond is a long-term tax, something too many voters seem to forget at the polls.

3 Responses to A bond is a long-term tax

  1. M. J. D. January 13, 2021 at 2:17 pm

    I need a new roof on my home. I wonder what my boss will say when I tell him how much increase in salary I’m getting.
    Stop the voting fraud by mail scam

    Reply
  2. Dave January 13, 2021 at 7:43 am

    No offense intended AK the reason is simple
    STUPIDITY

    Reply
  3. AK Fish January 12, 2021 at 8:36 pm

    Why in the heck do we keep allowing for bonding for maintenance sometimes disguised as “improvements” when it should be part of the department(s) budget? 30 year loan/tax on property owners – both residential and commercial is insane.

    Reply

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