Assembly rejects request asking state to allow local caps on assessment increases
After extended debate and an amendment to clarify language, the Kenai Peninsula Borough Assembly voted 5-4 on April 15 to reject a resolution urging the Alaska Legislature to allow municipalities the option to cap year-to-year property-assessment increases.
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The Kenai Peninsula Borough Assembly voted April 15 to reject a resolution asking the Alaska Legislature to give municipalities the discretionary authority to cap year‑to‑year increases in property tax assessments.
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