
Suzanne LaFrance
46:58 - 47:49
"Over the 9-year project period, New service costs would exceed revenues by tens of millions of dollars. Since we rely on property taxes, we don't get new tax revenues from an influx of people until new homes and commercial properties are built and added to our tax rolls, and that takes years. But there will be immediate pressure on public safety, emergency response, transportation systems, parks, and other municipal services."
“Over the 9-year project period, New service costs would exceed revenues by tens of millions of dollars. Since we rely on property taxes, we don't get new tax revenues from an influx of people until new homes and commercial properties are built and added to our tax rolls, and that takes years. But there will be immediate pressure on public safety, emergency response, transportation systems, parks, and other municipal services.”
Over the 9-year project period, New service costs would exceed revenues by tens of millions of dollars. Since we rely on property taxes, we don't get new tax revenues from an influx of people until new homes and commercial properties are built and added to our tax rolls, and that takes years. But there will be immediate pressure on public safety, emergency response, transportation systems, parks, and other municipal services. We also expect significant impacts on housing demand at a time when Anchorage is already facing a constrained housing market. The report highlights our existing housing, housing shortage, which would make it difficult to accommodate large-scale workforce growth that would raise housing costs for current residents.
Anchorage's mayor said LNG would cost "tens of millions." The Halcyon report shows $23M-$173M depending on housing supply. Her housing plan targets $23M.

Fairbanks North Star Borough secured developer agreement on spur line construction tied to tax breaks, with postage-stamp rate language now central to Senate Finance deliberations on SB 2001.
