Property taxes

Jake Dye / Peninsula Clarion Kenai Peninsula Borough Mayor Peter Micciche speaks during a meeting of the Borough Assembly in Soldotna, Alaska, on Tuesday, May 21, 2024.

Assembly will ask state legislature for authority to enact caps on real property tax assessments

Mayor Peter Micciche said a 34% increase over three years has created “real financial hardships” for many in the borough.

 

The George A. Navarre Kenai Peninsula Borough building. (Peninsula Clarion file photo)

Assembly amends ordinance capping tax exemptions

The Kenai Peninsula Borough Assembly on Tuesday divided a large chapter of tax code into four new chapters.

 

A sign welcomes employees and visitors at the Kenai Peninsula Borough administration building on Tuesday, March 17, 2020, in Soldotna, Alaska. (Photo by Victoria Petersen/Peninsula Clarion file)

Opinion: Fair property taxes, oh my

Our local tax system is not perfect, but it does represent an attempt to fairly balance community interests.