Congratulations to all of you who, according to the Borough Assessor, your property is now worth more money ... in some cases a lot more money! But assessed value is only part of the calculation the borough uses to decide your taxes. In June, the Borough Assembly decides how much of your money they want to spend, sets the mil rate and sends you a tax bill in July. Everyone pays property tax even renters! There is nothing you can do about property values increasing, but there is something you can do about your future tax bills.
If you had the wisdom to elect fiscal conservatives, that would hold-the-line on government spending to represent your interest on the borough assembly and school board, your tax bills could remain flat or even go down. But then 80 percent of you choose not to vote and therefore have no voice in the budget process. Until all of you join the discussion expect higher property tax bills every year.
The Alliance of Concerned Taxpayers (ACT) is a Kenai Peninsula based watchdog group that tracks the Borough Assembly's off-budget spending and their votes on controversial issues. You can also sign up to receive an email notice of upcoming issues and Assembly meetings.
To find out more about the decisions that affect your tax bill, visit the ACT website at www.ACT-KPB.org. This is a great place for educated voters to visit, especially before the October election. Become informed, involved and vote!