Anchorage mayor seeks to offer property tax relief as part of proposed budget

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Anchorage mayor seeks to offer property tax relief as part of proposed budget
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The mayor said his $597 million proposed budget is a $2.4 million decrease from his 2023 revised budget, and $12 million beneath the tax cap.

ANCHORAGE, Alaska - With the rising cost of living putting a strain on people’s wallets, Anchorage Mayor Dave Bronson said he wants to offer residents some property tax relief as part of his 2024 proposed budget.

“We have to lower the cost of government, we simply have to do it in a time of rising prices,” Bronson said. “So that means we need to be more efficient, certainly in our accounting processes and then how we budget for unfilled positions, it’s called vacancy and that’s where we captured a lot of our savings this year.”

“There are some departments that are flat, there’s some that took a 2% cut. We worked through an exercise. So you know every director had to go through and provide a budget for a 0% flat, 2% cut and a 4% cut and then we made our determinations in the budget process over the last few months on what those would actually look like,” Bronson said.With some Anchorage residents living paycheck to paycheck, the mayor was asked what type of relief some residents might see in their property taxes.

Some Anchorage Assembly members said they were not ready to comment on the mayor’s proposed budget at this time.

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