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flag Anchorage proposes a $12M tax levy to fix school budget gap, with property owners paying more per $100K value.

flag Anchorage leaders are proposing a one-time $12 million education tax levy to address an $83 million budget shortfall in the Anchorage School District, with property owners facing a $27.40 increase per $100,000 in assessed value if approved. flag Mayor Suzanne LaFrance is pushing the levy over a delayed 3% sales tax, citing urgent need for immediate school funding. flag The measure, which must be approved by the Assembly by January 27 to appear on the April 7 ballot, would fund teacher hiring and class size reduction. flag State funding increases allow the city to exceed its usual tax cap. flag While the levy won’t fully close the gap, officials say it’s critical short-term relief as long-term reforms are pursued.

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