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New Senate organization announced - 11/7/2012 12:48 pm

Homer Revealed - 8/22/2012 2:08 pm

Seven-day countdown - 5/25/2012 8:37 pm

Anchorage city clerk resigns (UPDATED) - 5/23/2012 10:51 am

Gara to seek re-election - 5/2/2012 2:04 pm

For one lawmaker: Good news - 4/27/2012 12:20 pm

Anticipation in the Capitol - 4/26/2012 11:38 am

Election Commission finds 1/2 of precincts ran out of ballots; recommends no investigation - 4/25/2012 5:08 pm

What the mayor's proposed budget additions mean for your tax bill

From Rosemary Shinohara in Anchorage --

Additions that Mayor Dan Sullivan proposed this week for the 2011 city budget would cost individual homeowners $12 annually in property taxes for each $100,000 their property is worth, city budget director Cheryl Frasca said today.

That's compared to the version of the 2011 budget passed in December.

If you own a $400,000 house, for example, the additional spending would boost your taxes by $48.

The mayor wants to increase the budget to include some high-priority items such as a police training academy and to pay certain unexpected expenses. City leaders routinely tweak the budget at the end of the first quarter, right before sending out tax bills.

Anchorage's property taxes will be 1.6 percent higher this year than in 2010 if the mayor's spending amendments are adopted.

The Anchorage Assembly is scheduled to consider the changes April 26.

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