Anchorage, Alaska, Proposition 7, Areawide Facilities Bond Issue (April 2020)
| Anchorage Proposition 7 | |
|---|---|
 | |
| Election date April 7, 2020 | |
| Topic City bonds | |
Status Approved | |
| Type Referral | Origin Lawmakers |
Alaska Proposition 7, the Areawide Facilities Bond Issue, was on the ballot for voters in Anchorage, Alaska, on April 7, 2020.[1] It was approved.
| A "yes" vote supported authorizing $5.375 million in bonds for facilities capital improvements at an areawide tax rate of $1.20 per $100,000 in assessed property value. |
| A "no" vote opposed authorizing $5.375 million in bonds for facilities capital improvements at an areawide tax rate of $1.20 per $100,000 in assessed property value. |
Election results
|
Anchorage Proposition 7 |
||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
|
|
38,581 | 55.59% | ||
| No | 30,817 | 44.41% | ||
Text of measure
Ballot question
The ballot question was as follows:[1]
| “ |
For the purpose of providing areawide facilities capital improvements within the Municipality of Anchorage, including at the Anchorage Senior Activity Center and Chugiak-Eagle River Senior Center and the Loussac and Mt. View libraries, said improvements involving building safety rehabilitation and upgrades, facility renovations, code improvement projects, elevator modernization, ADA compliance, seismic modifications and other capital improvements, as provided in AO 2019-154, As Amended, shall Anchorage borrow money and issue up to $5,375,000 in principal amount of general obligation bonds and increase the municipal tax cap by an annual amount not to exceed $52,000 to pay for associated annual operations and maintenance costs? Voter approval of this bond proposition authorizes for each $100,000 of assessed taxable property value (based on the estimated 2020 areawide assessed valuation in Anchorage) (i) an annual increase in taxes of approximately $1.20 to retire the proposed bonds and (ii) an annual increase in the municipal tax cap (Charter 14.03(b)(2)) of approximately $0.15 to pay for annual operation and maintenance costs related to the proposed capital improvements. The debt shall be paid from real and personal property taxes levied and collected areawide within Anchorage. The Municipality will also pledge its full faith and credit for payment of the bonds.[2] |
” |
Path to the ballot
This measure was put on the ballot through a vote of the Alaska Municipal Assembly.[1]
See also
External links
Footnotes
- ↑ 1.0 1.1 1.2 Municipality of Anchorage, "Regular Municipal Election Ballot," accessed February 24, 2020
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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State of Alaska Juneau (capital) |
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