0:50
Amy Williams
8:51 - 9:41
"For a mill rate, our current mill rate in the borough is 8.91. As the budget stands right now, without using any facilities fund interest, we are about at a 9.36."
“For a mill rate, our current mill rate in the borough is 8.91. As the budget stands right now, without using any facilities fund interest, we are about at a 9.36.”
- Speaker
- Amy Williams
- Timestamp
- 8:51 – 9:41
- Community
- Alaska News
- Location
- Kodiak Island Borough
- Captured at
- May 29, 2026
From the transcript
Tonight is the night where I get to talk to you about MAPTR and funding MAPTR and What we collect this year in property tax is the amount that we can collect next year in property tax. And so, um, if we collect an amount that's lower than our max, then that becomes our max for the next year, plus CPI and new construction and all the things that are on the beautiful infographic on the wall. Um, Dora is in the building, so if there are scenarios that we want to run to figure out mill rates, Um, if we take a break, I can go down and have her plug those numbers in so we can see where we're at for mill rates right now. For a mill rate, our current mill rate in the borough is 8.91. As the budget stands right now, without using any facilities fund interest, we are about at a 9.36.
Related Coverage
Kodiak Borough advances FY27 budget with 8.91 mill rate to hearing
The Kodiak Island Borough Assembly voted Friday to advance its FY2027 budget to public hearing after deciding to allocate 75% of facilities fund interest to debt service rather than lowering the property tax mill rate, keeping it at 8.91 mills.
by Walter AlaskaNews21h ago2 min readKodiak Island BoroughAI
