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flag Anchorage faces an $83M school budget gap; a $12M property tax levy could close most of it by April.

flag Anchorage faces an $83 million school budget shortfall for 2026–27, prompting Mayor Suzanne LaFrance to propose a $12 million one-time property tax levy. flag If approved by the Assembly and voters in April, the levy would cost about $27.40 per $100,000 in property value—roughly $110 for a $400,000 home. flag The funds would cover about 90% of the gap, helping maintain 90 teacher positions and preventing class size increases and program cuts. flag The measure is seen as a faster solution than a pending sales tax, which could take up to two years to generate revenue. flag The Assembly must decide by January 27 whether to place the levy on the April ballot.

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