Anchorage, Alaska, Proposition 3, City Facilities Bond Issue (April 2019)
| Proposition 3: Anchorage City Facilities Bond Issue |
|---|
|
| The basics |
| Election date: |
| April 2, 2019 |
| Status: |
 Defeated
|
| Topic: |
| City bonds |
| Related articles |
| City bonds on the ballot April 2, 2019 ballot measures in Alaska Anchorage Borough, Alaska ballot measures |
| See also |
| Anchorage, Alaska |
A city facilities bond issue was on the ballot for Anchorage voters in Alaska, on April 2, 2019. It was defeated.
| A yes vote was a vote in favor of authorizing the city to issue up to $5.513 million in bonds at an estimated property tax rate of $1.25 per $100,000 in assessed property value in order to fund renovation and improvements to city facilities. |
| A no vote was a vote against authorizing the city to issue up to $5.513 million in bonds at an estimated property tax rate of $1.25 per $100,000 in assessed property value in order to fund renovation and improvements to city facilities. |
Election results
|
Anchorage Proposition 3 |
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|---|---|---|---|---|
| Result | Votes | Percentage | ||
| Yes | 29,799 | 46.70% | ||
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34,011 | 53.30% | ||
Text of measure
Ballot question
The ballot question was as follows:[1]
| “ |
For the purpose of providing areawide facilities and cemetery capital improvements within the Municipality of Anchorage, including roof replacements, HVAC, safety and code improvements, elevator modernization and bathroom renovations to public facilities, and lawn marker, fence and landscaping renovations at the Anchorage Memorial Cemetery, and other capital improvements, as provided in AO 2019-4, shall Anchorage borrow money and issue up to $5,513,000 in principal amount of general obligation bonds?[2] |
” |
Ballot measure summary
The ballot measure summary was as follows:[3]
| “ |
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 $1.25 to retire the proposed bonds. The debt shall be paid from real and personal property taxes levied and collected areawide within 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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