Tax Bill

How to Read Your Tax Bill

Navigating your property tax bill can be confusing. What do the various sections mean? Take a look at the explanation, below, for a clear description of what the numbers mean. 

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Budget News

2014 State Legislative Program

Municipality of Anchorage, 2014 State Legislative Program (State Fiscal Year 2015)

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Tax Savers

Just as many of our city's families are making hard choices about how to balance their household budget, the Municipality is looking at its expenses and ways to be more responsible with taxpayer money. We will look at every dollar being spent in order to ensure it is delivering cost-effective results.

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Taxes

How Are Property Taxes Calculated?

Property Taxes levied in Anchorage are approved by the Assembly.

A property tax is an ad valorem tax, which means it is based on the value of the taxable property.   Taxpayers pay a flat rate per dollar value of taxable property that they own. The flat rate, called a mill levy or mill rate, is $1.00 of tax per $1,000 of assessed value.

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Five major service areas


What are Service Areas?

The Municipality’s Charter requires that our local government operate under a service area concept, which means that residents in particular areas vote to approve taxes to pay for service(s) from the Municipality.

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Helpful terminology

A budget in which sufficient revenues are available to fund anticipated expenditures.

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