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0:53

Kat Sorensen

9:48 - 10:42

“Which indicates the move to a seasonal sales tax, which would be 0% in Q1 and Q4 and 6% in Q2 and Q3, as well as a $1 mil property tax reduction. This would equal about 3— it would equal 3% on average across the year for year-round residents on their sales tax rate, and it would also allow the sales tax to drop to zero at a very, um, high cost of living time of year, January through March, and then October to December.”
Community
Alaska News
Location
Seward
Captured at
October 26, 2026

From the transcript

Which indicates the move to a seasonal sales tax, which would be 0% in Q1 and Q4 and 6% in Q2 and Q3, as well as a $1 mil property tax reduction. This would equal about 3— it would equal 3% on average across the year for year-round residents on their sales tax rate, and it would also allow the sales tax to drop to zero at a very, um, high cost of living time of year, January through March, and then October to December. And then those— that campground and parking transfer would return to prior levels, coming back down to a more sustainable rate for that fund. And so if you look at FY27, this is the revenue fund by source. It would bring in— taxes would bring in about $15.39 million, which is a drop from the FY26 budget of 6.2%.