Public input on proposed 3% Anchorage sales tax offers various ideas for use of funds

Anchorage Sales Tax News

Public input on proposed 3% Anchorage sales tax offers various ideas for use of funds
Alaska Tax
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If an Anchorage sales tax were to be put in place, newly-released data shows beyond property tax relief, most residents want to see the money spent on quality-of-life improvements, such as adding new parks and trails.

ANCHORAGE, Alaska -

“Another theme is that we are seeing a lot of people saying we want to have more things to do in the wintertime because we are a winter city,” AEDC President and CEO Jenna Wright said.Under AEDC’s proposed 3% sales tax idea — which UAA’s Center for Economic Development has estimated could generate $180 million a year — the city would use two-thirds of the money to lower property taxes, while one-third would go for capital improvement projects suggested by the public.

Ultimately, what makes the list will be up to the Anchorage Assembly, which has the power to refine the tax proposal and decide whether voters will see it at all.However, Assembly member Anna Brawley, who co-chairs the body’s budget and finance committee, said important questions remain about finances and other items.

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