Editor’s note: I produced this piece so that it could be utilized by local media, thus it’s perhaps a little more didactic than usual. Hopefully that doesn’t detract from its informational value.
During my tenure on the Anchorage Assembly there’s been a recurring discussion about how we employ state revenues. To put it as simply as I can, the question is whether they are considered part of our tax revenues and therefore “under” Anchorage’s tax cap, or are they used after we set the mill levy and therefore “outside” the tax cap. And I’m sorry if that isn’t very simple.
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