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.Learn more
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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.Learn more
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.read more
Total amount of revenue to be raised by levying taxes on real and personal property. Property tax is computed as follows: Net Program Costs Allocated Revenuesiii Property Taxiii for all Budgeti - Assigned to the = Required for Units in a Fundi and Fund the Fund to Particular Fund Balancei Meet the Budget.read more