Anchorage, Alaska, Proposition 1, School District Bond Issue (April 2019)
| Proposition 1: Anchorage School District Bond Issue |
|---|
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| The basics |
| Election date: |
| April 2, 2019 |
| Status: |
 Approved
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| Topic: |
| City bonds |
| Related articles |
| City bonds on the ballot April 2, 2019 ballot measures in Alaska Anchorage Borough, Alaska ballot measures Local school bonds on the ballot |
| See also |
| Anchorage, Alaska |
A school district bond issue was on the ballot for Anchorage voters in Alaska, on April 2, 2019. It was approved.
| A yes vote was a vote in favor of authorizing the city to issue up to $59.113 million in bonds at an estimated property tax rate of $13.35 per $100,000 in assessed property value to fund construction, purchasing, and improvements for school facilities. |
| A no vote was a vote against authorizing the city to issue up to $59.113 million in bonds at an estimated property tax rate of $13.35 per $100,000 in assessed property value to fund construction, purchasing, and improvements for school facilities. |
Election results
|
Anchorage Proposition 1 |
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|---|---|---|---|---|
| Result | Votes | Percentage | ||
|
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37,888 | 59.05% | ||
| No | 26,280 | 40.95% | ||
Text of measure
Ballot question
The ballot question was as follows:[1]
| “ |
For the purpose of providing educational capital improvements, construction, upgrades, design, planning, renovation and earthquake recovery of school facilities and educational facility building life extension projects within Anchorage, as provided in AO 2019-19, shall Anchorage borrow money and issue up to $59,113,000 in principal amount of general obligation bonds?[2] |
” |
Ballot measure summary
The ballot measure summary was as follows:[3]
| “ |
The general obligation bond proceeds will be used to pay costs of constructing, renovating, installing, designing, planning, acquiring and equipping educational capital improvement projects including, but not limited to, replacing and restoring all or a portion of the roofs at Aurora, Eagle River, Government Hill, Orion, and Taku Elementary Schools, replacing boiler systems at Aurora and Bayshore Elementary Schools and the water system at Bear Valley Elementary School, making safety and code upgrades at O’Malley and Homestead Elementary Schools, making school entryway security and safety improvements at districtwide elementary schools, undertaking planning and design projects for roof replacement at Chugiak High School and for 2020 deferred capital requirement projects, and undertaking planning, design and construction to address earthquake damage at Eagle River and Chugiak area schools; however, to the extent that bond proceeds are necessary to address structural impacts of the earthquake, such repairs may be prioritized. Voter approval of this bond proposition authorizes for each $100,000 of assessed taxable property value (based on the estimated 2019 areawide assessed valuation in Anchorage) an annual increase in taxes of approximately $13.35 to retire the proposed bonds. The debt will be paid from real and personal property taxes levied and collected areawide in the Municipality. The Municipality will also pledge its full faith and credit for payment of the bonds. [2] |
” |
Full text
The full text of the measure is available here.
Path to the ballot
This measure was put on the ballot through a vote of the Anchorage Assembly on January 29, 2019.[1]
See also
External links
Footnotes
- ↑ 1.0 1.1 Municipality of Anchorage, "Full text," accessed March 20, 2019
- ↑ 2.0 2.1 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
- ↑ Municipality of Anchorage, "Ballot Propositions," accessed February 21, 2019
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