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

2017 State Legislative Program

Municipality of Anchorage, 2017 State Legislative Program (State Fiscal Year 2018)

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We want to hear from you!

Anchorage Innovates

Mayor Ethan Berkowitz wants to know what Anchorage thinks about Anchorage - and announces the creation of a new place for the Mayor to receive feedback, comments, questions, and concerns.

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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

An accounting entity designed to separately track the expenses and revenues of a particular program or service. Funds are classified according to type: general, enterprise, debt service, etc. The expenses and revenues are accounted for according to generally accepted accounting principles. Each service area established in the Municipality is assigned a unique fund number and name.

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