If the current trend in this year’s municipal election in Anchorage continues, propositions with money attached to them could cost area property taxpayers aboutANCHORAGE, Alaska - Election data will be updated multiple times before results are certified, but at the moment, only two propositions are shown as not being supported widely enough to pass.
This proposition also makes up a large part of the overall cost to taxpayers in this year’s city election. About $6 million of that money within Prop 3 would go toward snow removal, with $1 million slated for equipment and $5 million set to help with costs of a snow disposal site in West Anchorage. Prop 4, which is dedicated to capital improvement projects in Anchorage parks and recreation areas, would allow the municipality to borrow and issue up to $4.35 million in bonds to renovate, rehabilitate, and make other improvements at locations across the city. The passage of the bond would cost property taxpayers an additional $1.04 per $100,000 in assessed property value.
The money would also help cover school zone and bus stop improvements, via a bond of up to $4.56 million in principal amount of general obligation bonds.