Property assessments worth a full review

Probably no one enjoys paying property taxes. It’s a big check, rather than a few dimes or dollars in sales taxes each time at the register.

But it’s an essential part of the municipal budget, second only to sales taxes in bringing in revenue to pay for schools, roads, police, fire and other services.

The tax is based on the value of property — whether commercial or residential, the tax rate is all the same. Cities and boroughs across Alaska send out assessment notices each year, telling property owners what their home, fourplex, warehouse, retail shop or other property is worth. City councils...


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