Anchorage, Alaska, Proposition No. 1, Facilities Bond Issue (April 2021)

Anchorage Proposition No. 1
Election date April 6, 2021
Topic City bonds
Status d Defeated
Type Referral	Origin Lawmakers

Anchorage Proposition No. 1 was on the ballot as a referral in Anchorage on April 6, 2021. It was defeated.

A "yes" vote supported authorizing the city to: Issue up to $6,905,000 in bonds, with bond revenue going to fund improvements involving building safety rehabilitation and upgrades, facility renovations, code improvement projects, pool filtration system, public restrooms, solar panel energy saving improvements and related capital improvements; and requiring an estimated property tax levy of $1.47 per $100,000 in assessed value; Increase the municipal tax cap by an annual amount not to exceed $40,000 to pay for associated annual operations and maintenance costs; requiring an annual increase in the municipal tax cap of approximately $0.12 per $100,000 in assessed value.

A "no" vote opposed authorizing the city to: Issue up to $6,905,000 in bonds, with bond revenue going to fund improvements involving building safety rehabilitation and upgrades, facility renovations, code improvement projects, pool filtration system, public restrooms, solar panel energy saving improvements and related capital improvements; and requiring an estimated property tax levy of $1.47 per $100,000 in assessed value; Increase the municipal tax cap by an annual amount not to exceed $40,000 to pay for associated annual operations and maintenance costs, requiring an annual increase in the municipal tax cap of approximately $0.12 per $100,000 in assessed value.

Bond revenue from Proposition 1 was set to be used for the following projects:

• $2.5 million - Anchorage Health Facility Safety & Code Upgrades -
• $500,000 - Facility Safety/Code Upgrades
• $400,000 - Major Municipal Facility Fire Alarm System Replacement Phase II
• $680,000 - Major Municipal Facility Upgrade Projects - Deferred
• $500,000 - Pool Filtration System
• $325,000 - Public Restrooms
• $2,000,000 - Solar Panel Energy Saving Improvements

A simple majority was required for the approval of Proposition No. 1.

Election results

Anchorage Proposition No. 1
Result		Votes	Percentage
Yes		34,306	46.51%
No		39,457	53.49%

Results are officially certified.

Source

Text of measure

Ballot title

The ballot title for Proposition No. 1 was as follows:

“

For the purpose of providing areawide facilities capital improvements within the Municipality of Anchorage, said improvements involving building safety rehabilitation and upgrades, facility renovations, code improvement projects, pool filtration system, public restrooms, solar panel energy saving improvements and related capital improvements, as provided in AO 2021-6(S), shall Anchorage borrow money and issue up to $6,905,000 in principal amount of general obligation bonds and increase the municipal tax cap by an annual amount not to exceed $40,000 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 2021 areawide assessed valuation in Anchorage): (i) an annual increase in taxes of approximately $1.47 to retire the proposed bonds, and (ii) an annual increase in the municipal tax cap (Charter 14.03(b)(2)) of approximately $0.12 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.

”

Full Text

The full text of this measure is available here.

Path to the ballot

See also: Laws governing local ballot measures in Alaska

This measure was put on the ballot through a vote by the Assembly of the Municipality of Anchorage, on January 26, 2021

See also

Local measures

• Local measures in 2021
• City bonds on the ballot

Alaska

• Alaska 2021 local measures
• Local ballot measures, Alaska
• Anchorage, Alaska

News and analysis

• State and local preemption conflicts
• Measures advancing national agendas

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