
0:22
Kat Sorensen
80:40 - 81:03
“And the mill rate is $500,000. The mill rate change is $500,000.”
- Speaker
- Kat Sorensen
- Timestamp
- 80:40 – 81:03
- Community
- Alaska News
- Location
- Seward
- Captured at
- October 27, 2026
From the transcript
And the mill rate is $500,000. The mill rate change is $500,000. You also have to remember too 1 percentage point covers the drop that we would receive seasonally in the winter. So we don't— we're not going to receive any tax revenue in Q1 and Q4. So that first percentage point covers that, that shift.
Related Coverage
Seward council members question proposed property tax cut, float exemptions instead
Seward's council poked at a $500,000 property tax cut tied to a summer-only sales tax. Some want the money for year-round residents or young families.

State lenders want Seward's first water and sewer rate study since 1993 finished
Seward hasn't studied its water and sewer rates since 1993. A state loan program wants one done, and depreciation puts the utility funds' costs over revenue.
