Skip to main content
0:20

Katie Gardner

47:10 - 47:30

"you can see that from '26 to '27, there's about $3 million in debt service, and that primarily most of that debt service really starts to fall off in 2032."

“you can see that from '26 to '27, there's about $3 million in debt service, and that primarily most of that debt service really starts to fall off in 2032.”
Speaker
Katie Gardner
Community
Alaska News
Location
Mat-Su Borough
Captured at
August 26, 2026

From the transcript

And then I think finally we wanted to make sure that we talked about the, the current debt service schedule. Uh, this is, uh, an excerpt from the borough's, uh, adopted budget. The original, uh, plan for setting aside funding in support of major maintenance was to, as debt fell off this schedule, we would replace, uh, funds on a one-time basis to support CIP. So you can see that from '26 to '27, there's about $3 million in debt service, and that primarily most of that debt service really starts to fall off in 2032. And the 2012 megabond completes its debt repayment schedule in 2035.

Related Coverage

Parents warn Mat-Su that cutting school nurses puts children at risk

Parents and staff warned the Mat-Su school board that proposed nurse cuts put students with chronic conditions at risk, as one school's nurse departs.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min readFrom
Mat-Su Valley
Cover image for article: Parents warn Mat-Su that cutting school nurses puts children at risk

Three Mat-Su school roofs are failing, and the money may take years

The Mat-Su school board sent the borough a $39 million maintenance list led by roof replacements at three schools, against a $411 million repair backlog.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min readFrom
Mat-Su Borough, Alaska
Cover image for article: Three Mat-Su school roofs are failing, and the money may take years