Anchorage School District Tax Calculation

[Pages:7]2021 Revised Operating Budgets and Taxes

Anchorage School District Tax Calculation

The Anchorage School District (ASD) fiscal year (FY) starts July 1 and ends June 30 of the following calendar year. Since Municipal taxes are levied by calendar year, the taxes for ASD are totaled by adding half of the tax need from the ASD FY ending June 30 to half of the tax need from the ASD FY beginning July 1 in the calendar year. The ASD tax need is determined in the ASD annual budgets.

For 2021, the ASD tax need is calculated as follows:

Fiscal Year 2020-2021 2021-2022 2021 *

Approving Document AO 2020-18 AO 2021-23 AO 2021-29

Fiscal Year

2021

Tax Need

Tax Need

$ 255,880,604 /2 $ 127,940,302

$ 255,406,416 /2 $ 127,703,208

$ 37,786,086

$ 37,786,086

ASD Tax need for Tax Year Total $ 293,429,596

2021 Jan-Jun Jul-Dec Jan-Dec

The ASD mill rate is calculated based on the tax need (1/2 of FY ending in June plus 1/2 of FY starting July), divided by the assessed valuation of the service area, then multiplied by 1,000.

ASD Tax need for Tax Year

x 1,000 = Mill Rate

Areawide Service Area Assessed Value

The 2021 ASD mill rate, based on the 2021 ASD tax need and the Areawide service area assessed value at 04/09/2021, is calculated as follows:

$ 293,429,596 x 1,000 = 8.47 $ 34,626,424,977

* The 2021 ASD tax need includes $37,786,086 to pay bond debt associated with the 100 percent veto in State bond debt reimbursement that is tied to bonds passed prior to 2015.

91

Municipality of Anchorage Schools and Facilities Map

The Municipality of Anchorage (MOA) does not warrant the accuracy of maps or data provided, nor their suitability for any

particular application.

2021 Revised Operating Budgets and Taxes

Chugiak/Eagle River

1. Winterberry Charter Sch. (K-8) 2. Chugach Optional Elem. Sch. 3. Steller Secondary School, 7-12

Ursa Major Elem. Sch. !(

Aurora

Mt. Spurr Elem. Sch. !(

!(

Ursa Minor Elem. Sch.

Government Hill Elem. Sch. !(

Elem. !( Mt.

!(!( Orion

Sch. Iliamna, K-5

Tyson

Mountain View Elem. Sch. !(

Bartlett High Sch. !(

TurnagAaqiuPnaAErIiDlaeEnmRICA.oCShmCeWacniorghtre!(toa.eMslpL!(rMtaeiSdiHkrdeadcAdiEgtlhlHIVeilenhve.oASlem(SoecSIKhLcdtSc.-.hV6hEPSco.if)!(!(h.lrcee!(So.hmwcgN(F.ie.Kor!(ronSrSatn-chct1cmhieeSN.h2rt(e(a,K.C7)w!(r!(-!(9h-1E!(8P2a!(2-l3!(a)re)1!(ttMmeh2ro.HSn!(igctEeDRhh!(lsoe.EeFSsEgnlmFCaceoeaahhmilrr.mlre.saCii.vSr(iSPSm9tilceyre-acc1rohhrwPh.2kS..a!(.)scS!(!(rhtsEnC.WcLleAr(eAlaKrehomaCskn-lhe1..rdaaECi2SklpOesd)Ach/rthEMkiAiss!(aMr.!(WaplCr,iideh!(odKC!(tTNM7daerm!(dltlieeer-aPnlcHy1!(eSnrt.SeiSgLoc2vSticSchggeaeh.!(hChrcc.ruat.C!(h,hsamg(!(E.!(1uE.!(rKahel0lseS-Rtlt!(8emcu-iEuHh1n)Wrr.lsi.!(ega2SEs!(hmSlcoilah.e1eWEnn!(.SmcldJieCcHloEa!(elmho.iigcl!(n.wlreShlk.emldaPaSgcn!(w.a!(ecaNEhdSrhlAurG.ecykc.namhaa!(t.Ed.ekelS!(PameCcyVtmSBEhraCaulEae..elrhxslelmaSmeetikr!(ye!(ctt.mesnirhS!(rgCS!(Bia.(cd.6hacShe!(-e1en.!(ecg2sP)hniSCEtac.eiThcrlhrekraEVPmrM!(ataae.lMiMElrrdeSklSydAuecclclmEhedhal..oe.dS(meoSKcmnc.-h8Syh.)c. h.

Northwood ABC Elem. Sch. !(

!(

Willow Crest Elem. Sch.

School, 7-12

!(

Elem. Sch.

Benson Secondary

SAVE High School, 11-12 !(

Tud!(or Elem. Sch.

Northern Lights ABC Elem. Sch.

School, 7-12

Polaris, K-12 !(

!(

Kincaid

Gladys Wood

!( Rilke Schule Charter Sch. (K-8)

Elem. Sch. Elem. Sch.

!(

!(

!(

!(

Sand Elem.

Lake Sch.

Chinook

!( Campbell

Elem. Sch.

Elem.

Sch. !(

!(

Dimond High Sch.

Mears Bayshore Middle Sch. Elem. Sch. !(

!(

Taku Elem. Sch.

!( Kasuun Elem. Sch.

Abbott Loop Elem. Sch. !(

Spring Hill

Hanshew

Elem. !(

Sch.

Middle Sch. !(

Trailside Elem. Sch. !( !(

Service High Sch.

O'Malley

Klatt Elem. Sch.

!(

Ocean View Elem. Sch.

!(

Bowman Elem. Sch. !(

Huffman Elem. Sch. !(

Elem. Sch. !(

Mirror Lake Middle School !(

Rabbit Creek Elem. Sch. !(

South High Sch. !(

Chugiak Elementary School !(

Bear Valley Elem. Sch. Goldenview !( Middle Sch. !(

Birchwood ABC

Elementary School

!(

!(

Chugiak High School

Girdwood

Fire Lake Elementary School !(

Eagle Academy Alaska Middle College

Charter School (K-6) School (8-12)

Eagle

River

!( !(!( Elementary Schoo!(l

Homestead Elementary

School

Gruening

Ravenwood

Middle School !(

!( Elementary School

Eagle River

!( Alpenglow

High School !(

Elementary School

Seward Highway

Girdwood (K-8) !(

?

Prepared by: Geographic Data and Information Center

April 2021 *Not to scale

92

Municipal Clerk's Office Immediate

Reconsideration Failed Date: April 27, 2021 Approved Date: April 27, 2021

2021 Revised Operating Budgets and Taxes

Submitted by:

Prepared by: For Reading:

Chair of the Assembly at the Request of the Acting Mayor Office of Management & Budget April 13, 2021

1

ANCHORAGE, ALASKA

2

AO NO. 2021 ? 37

3

4 AN ORDINANCE SETTING THE RATE OF TAX LEVY, APPROVING THE

5 AMOUNT OF MUNICIPAL PROPERTY TAX, AND LEVYING TAXES FOR THE

6 ANCHORAGE SCHOOL DISTRICT FOR TAX YEAR 2021.

7 _________________________________________________________________

8

9 THE ANCHORAGE ASSEMBLY ORDAINS:

10

11 Section 1. The Assembly hereby fixes the rate of tax levy for the Anchorage

12 School District for tax year 2021. The Anchorage Assembly levies this tax upon the

13 full value of all assessed taxable real and personal property, separated by the

14 Anchorage School District Bond Debt associated with the Governor's 100 percent

15 reduction in State bonds debt reimbursement that is tied to bonds passed prior to

16 2015, as follows:

17

18

Areawide Schools ? Operations

a tax of 7.38 mills

19

Areawide Schools ? Bond Debt Reimb

a tax of 1.09 mills

20

Total tax of 8.47 mills

21

22 Section 2. The property tax amount approved for 2021 is:

23

24

Anchorage School District ? Operations

$255,643,510

25

Anchorage School District ? Bond Debt Reimb $37,786,086

26

Total $293,429,596

27

28 Section 3. This ordinance shall become effective immediately upon passage and

29 approval by the Anchorage Assembly.

30

31 PASSED AND APPROVED by the Anchorage Assembly this 27th day of April, 2021.

32

33

34

35

____________________________

36

Chair

37 ATTEST:

38

39

40

41 _____________________________

42 Municipal Clerk

93

2021 Revised Operating Budgets and Taxes

MUNICIPALITY OF ANCHORAGE

Assembly Memorandum

AM No. 196 ? 2021

Meeting Date: April 13, 2021

1 FROM:

ACTING MAYOR

2

3 SUBJECT: AN ORDINANCE SETTING THE RATE OF TAX LEVY, APPROVING

4

THE AMOUNT OF MUNICIPAL PROPERTY TAX, AND LEVYING

5

TAXES FOR THE ANCHORAGE SCHOOL DISTRICT FOR TAX

6

YEAR 2021.

7

8 This memorandum transmits the ordinance to establish the 2021 tax rate and tax

9 levy for the Anchorage School District (ASD).

10

11 The ASD tax rate and tax levy are based on the amount of property taxes approved

12 to support the ASD operating budget in calendar year 2021 as follows:

13 ? approximately one half of the property taxes approved for ASD's fiscal year

14

2020-2021 operating budget, per AO 2020-18 as Amended

15 ? approximately one half of the property taxes approved for ASD's fiscal year

16

2021-2022 approved operating budget, per AO 2021-23 (S)

17 ? property taxes to pay bond debt associated with the 100 percent veto in State

18

bond debt reimbursement that is tied to bonds passed prior to 2015, per AO

19

2021-29 as Amended.

20

21 THE ADMINISTRATION RECOMMENDS APPROVAL.

22

23 Prepared by:

Office of Management & Budget (OMB)

24 Approved by:

Lance Wilber, Director, OMB

25 Concur:

Kathryn Vogel, Municipal Attorney

26 Concur:

Alexander Slivka, CFO

27 Concur:

Anna C. Henderson, Municipal Manager

28 Respectfully Submitted: Austin Quinn-Davidson, Acting Mayor

94

2021 Revised Operating Budgets and Taxes

Municipal Clerk's Office Amended and Approved

Date: March 24, 2020

Submitted by:

Prepared by: For Reading:

Chairman of the Assembly at the request of the School Board Anchorage School District March 10, 2020

ANCHORAGE, ALASKA AO No. 2020-18, As Amended

1 AN ORDINANCE DETERMINING AND APPROVING THE TOTAL AMOUNT

2 OF THE ANNUAL OPERATING BUDGET OF THE ANCHORAGE SCHOOL

3 DISTRICT FOR ITS FISCAL YEAR 2020-2021 AND DETERMINING AND

4 APPROPRIATING THE PORTION OF THE ASSEMBLY APPROVED BUDGET

5 AMOUNT TO BE MADE AVAILABLE FROM LOCAL SOURCES

6

7

8 WHEREAS, the Anchorage Assembly's approval of the Anchorage School District

9 annual operating budget is limited to approving the total amount, and it may

10 increase or decrease the total amount; and

11

12 WHEREAS, the Anchorage Assembly has no authorization to specify what

13 specific line items within the ASD Budget are to be changed when it increases or

14 decreases the total amount of the ASD Budget, but nothing prevents the

15 Assembly from expressing what it hopes the Anchorage School Board will do to

16 accommodate the increase or decrease; and

17

18 WHEREAS, a $2.8 Million increase to the ASD FY 20-21 Budget could provide the

19 School District funding needed to maintain full schedule of classes daily, retain

20 health educators, and obviate the need for the District's planned reduction of

21 class instructional time one day per week at each school; and

22

23 WHEREAS, the Anchorage School District should continue to seek cost savings,

24 grants, and other opportunities that may become available to identify a source for

25 adding such an increase; now, therefore

26

27 THE ANCHORAGE ASSEMBLY ORDAINS:

28

29

Section 1. That the FY 2020-2021 Proposed Anchorage School District

30 Financial Plan in the amount of $882,200,165 has been approved by the Anchorage

31 Assembly and that, the amount of $255,880,604 is to be contributed from local

95

2021 Revised Operating Budgets and Taxes 96

2021 Revised Operating Budgets and Taxes 97

2021 Revised Operating Budgets and Taxes 98

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