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0:50

Aimee 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.”
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

Kodiak Borough Assembly voted unanimously Wednesday to hold the property tax rate at 8.91 mills, a decision that keeps the rate flat but will result in higher tax bills for most homeowners as assessed property values increase.

Cover image for article: Kodiak Borough advances FY27 budget with 8.91 mill rate to hearing