At tonight’s Anchorage Assembly meeting, Assembly Women Elvi Gray-Jackson and Harriet Drummond and Mike Gutierrez proposed an advisory vote that would raise the property tax exemption from the current level, $20,000, to $50,000-providing relief to tens of thousands of homeowners. The exemption applies to owner-occupied, single family homes up to tri-plexes, condos and townhomes.
The Fascist Five have pushed for property tax reduction and the Progressive Six delivered property tax RELIEF on a silver platter! Now…in a budget crunch year, you might be asking yourself how we can afford to do this. Well, the same way we can afford to cut services-just do it!. The business property tax will take up the slack. Many business’s have out-of-state, non-voting owners. The vast amount of voters in Anchorage are non-business property owners and will certainly support a lower property tax bill.
The question now is…will Mayor Sully veto this measure? You see…he is between a rock and a hard place because he campaigned on lowering homeowners’ tax rates. Now he has to choose between fulfilling that promise for homeowners or vetoing the measure to protect his donors.
Public testimony will be heard on February 2nd.
Here is the advisory proposition that would be placed on the ballot during the regular municipal election of April 6, 2010.
AN ADVISORY VOTE ON WHETHER THE STATE OF ALASKA SHOULD AMEND STATE LAW TO INCREASE THE MAXIMUM ALLOWABLE MUNICIPAL RESIDENTIAL REAL PROPERTY TAX EXEMPTION FROM $20,000 TO $50,000. IMPLEMENTATION OF AN INCREASED MUNICIPAL RESIDENTIAL REAL PROPERTY TAX EXEMPTION PROVIDING RESIDENTIAL PROPERTY TAX RELIEF IS SUBJECT TO A FUTURE ORDINANCE RATIFIED BY THE VOTERS OF THE MUNICIPALITY OF ANCHORAGE.
Sooo, Anchor-towners…How will you vote?