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Voter-approved sales-tax exemptions could cut Juneau revenue by about $11 million annually, staff says
Summary
City finance staff told the Assembly Finance Committee that two recently approved ballot measures — a mill-rate cap and sales‑tax exemptions — will reduce future revenues, with staff estimating an annualized sales‑tax loss of about $11 million.
City staff briefed the Assembly Finance Committee on Nov. 5 about the likely fiscal effects of two November ballot measures that were approved by voters.
Miss Flick summarized the measures: "Ballot proposition 1 had to do with capping the mill rate at 9 mills, and this excludes debt service... The FY26 impact of this ballot proposition passing is nothing." She said the FY26 mill rate had been set before the election and property tax bills issued, so FY26 is unaffected; however, staff estimate the FY27 property‑tax revenue loss at roughly $1 million if assessed values are flat.
On Proposition 2 — a sales‑tax exemption package that removes sales tax on…
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