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Kodiak Island Borough begins budget season with detailed briefing on MAPTR and revenue pressures
Summary
Assembly received an educational briefing on MAPTR (maximum allowable property tax revenue), heard multiple residents urge retaining the tax cap to protect affordability, and discussed options including amendment, repeal, or ballot referral as school funding and falling severance taxes tighten next year's budget.
The Kodiak Island Borough on Jan. 29 held an in-depth, staff-led briefing on the borough—tax cap, known in code as MAPTR (maximum allowable property tax revenue), and the revenue outlook heading into the FY27 budget cycle.
Madam Manager Amy told the assembly the session—was meant to be educational and walked through how MAPTR is calculated under borough code (adjusted prior-year levy plus capped adjustments for inflation, prior-year true-ups and taxes on new construction) and which funds are and are not included. She said staff used the Alaska Consumer Price Index for inflation adjustments and noted the borough's severance-tax revenue has declined sharply in recent years,…
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