Homer Holds Ocean Drive Loop Tax Steady at 1 Mill

The Homer City Council held the Ocean Drive Loop Special Service District's property tax rate at 1 mil for 2026, approving the measure May 26 with the resolution taking effect the same day.

A mill is a property-tax rate of one dollar for every $1,000 of assessed value, so at 1 mill, the owner of a property assessed at $300,000 pays $300 a year toward the district.

The rate matches what the council set for 2025, continuing the levy that supports the district's localized infrastructure and protection projects. The city manager brought the resolution forward.

Property owners within the Ocean Drive Loop Special Service District are the taxpayers directly affected. Public documents do not indicate whether any district property owners raised concerns about the rate or the services it funds.