Local News

Ballot Measure 1 offers break to homeowners

The debate over Ballot Measure 2 on re-establishing a coastal management program has been in the headlines this summer leading up to the state’s August 28th primary. Meanwhile, Ballot Measure 1 has flown under the radar for many Alaskans, even though it could impact them where it matters most, in their check book.

The measure would give cities the option to increase residential property tax exemptions. Cities currently have the option to exempt up to $20,000 in property taxes for homeowners. This fall’s measure would increase that exemption up to $50,000.

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