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Proposition 1 would fund Anchorage School District repairs; state would cover about half, officials say
Summary
Proposition 1, an almost $80 million Anchorage School District bond package, would use state reimbursement expected to cover roughly 50% (about $40 million) of costs, and would fund security vestibules, roofs, HVAC upgrades, backup generators and kitchen improvements to move toward whole‑food school meals, officials said.
Anchorage officials and presenters described Proposition 1 as an approximately $80 million bond package that the state of Alaska is expected to reimburse for about half of the cost, lowering the local tax burden.
"For many Anchorage voters, the biggest question surrounding Proposition 1 is cost," an agency official said, adding that "for the first time in 10 years, 50% of the bond is expected to be reimbursed by the state of Alaska." A presenter said the bond is "almost $80,000,000" and that the state would pay "nearly $40,000,000 of that," calling it the cheapest bond to Anchorage taxpayers in…
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