Property taxes

Angie Flick (center), finance director for the City and Borough of Juneau, presents an overview of local property value assessments during a meeting of the Assembly’s Finance Committee on Wednesday night. (Mark Sabbatini / Juneau Empire)

Juneau residential property assessments rise 1.66% in 2023, compared to 16% in 2022, preliminary data shows

Cooling of housing market results in lower increase, CBJ’s finance director says.

 

Brenda Josephson, a Haines resident, testifies in favor of a bill setting statewide standards for municipal property assessors during a state Senate Community and Regional Affairs Committee hearing Thursday. (Mark Sabbatini / Juneau Empire)

Statewide standards for municipal property assessments sought in bill by Juneau lawmaker

Some residents say legislation doesn’t go far enough, want limits on annual valuation increases.

 

Clarise Larson / Juneau Empire File A “sold” sign hangs outside the former Walmart building that was empty for many years until U-Haul purchased it late last year. A bill passed by the Senate on Tuesday would allow municipalities to impose tax penalties on blighted properties, while offering breaks for owners doing development projects.

Legislature looks at more property tax shakeups

Bill allows municipalities to give breaks for economic development, penalize blighted properties

 

On Monday evening, assembly member Michelle Bonnet Hale introduced an amendment to reduce the mill rate for the 2021 property tax levy to 10.56. The measure passed and the .10 reduction will reduce 2021 property taxes by about $10 on every $100,000 of valuation. (Dana Zigmund/Juneau Empire)

CBJ Assembly changes course, lowers property tax rate

Lower rates mean savings for homeowners

On Monday evening, assembly member Michelle Bonnet Hale introduced an amendment to reduce the mill rate for the 2021 property tax levy to 10.56. The measure passed and the .10 reduction will reduce 2021 property taxes by about $10 on every $100,000 of valuation. (Dana Zigmund/Juneau Empire)
A recent sale of waterfront property to Norwegian Cruise Lines will likely have a ripple effect on the assessed value of waterfront property in Juneau. Alaska is a so-called “non-disclosure” state, so typically sales property transaction prices aren’t shared with the public, but bids for land previously owned by Alaska Mental Health Trust Authority were publicly unsealed in September. (Ben Hohenstatt | Juneau Empire)

Alaska’s lack of property laws make Juneau’s most valuable properties difficult to assess

Private property sales are extra private in Alaska.

A recent sale of waterfront property to Norwegian Cruise Lines will likely have a ripple effect on the assessed value of waterfront property in Juneau. Alaska is a so-called “non-disclosure” state, so typically sales property transaction prices aren’t shared with the public, but bids for land previously owned by Alaska Mental Health Trust Authority were publicly unsealed in September. (Ben Hohenstatt | Juneau Empire)