Juneau senator sponsors bill to put more guardrails on property assessments in Alaska

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Juneau senator sponsors bill to put more guardrails on property assessments in Alaska
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Sen. Jesse Kiehl says the bill aims to make the property assessment process in the state more fair and transparent for residents.

Sen. Jesse Kiehl, D-Juneau, speaks during a joint session of the Alaska Legislature on Feb. 26, 2024. and Haines saw a jump in their property assessments last year. Now, an Alaska Senate bill would require state accreditation for tax assessors and prevent municipalities from raising the assessed value of properties during an appeal process.He said the bill aims to make the property assessment process in the state more fair and transparent for residents.

The bill would also prevent assessors from raising the value of a property during an appeal process. And, it changes the default for who hears tax appeals to an appointed Board of Equalization, instead of the municipality’s locally elected officials. The Haines Borough faced a summer of intense public criticism following a dramatic rise in some property assessments and resulting tax bills. Many residents blamed the borough’s contract assessor who they say did not have proper credentials for the position. However, the borough says the rise in property values is the result of a hot residential real estate market and corrections for out-of-date assessments.

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