Welcome to Anchorage Tomorrow!

If you have any election questions please call the clerk's office at (907)343-4311

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Anchorage is a young and growing community that needs to pass the 2009 bond package to keep up with our community’s growing infrastructure needs.

Anchorage can afford these bonds because:

• Anchorage tax levels are low compared to most U.S    cities. A 2006 study of tax rates and burdens ranked    Anchorage 17th out of 51 major cities in property tax    rates and 51st out of 51 for overall tax burden    (income, property, sales, auto). Anchorage’s average    household tax burden is less than half of the national    average for top U.S. cities.

• The Municipality will pay off almost $27 million worth    of existing General Obligation (GO) bonds in 2009,    which equates to almost 60 percent of the proposed    2009 GO bond amount of $44 million. The net    increase in debt is estimated at $17 million, which    equates to approximately $24.27/yr or $2.02/month for    an assessed property value of $300,000.

• Anchorage could increase its total debt load four times    and still keep its outstanding AA bond rating.


Moreover, Anchorage Tomorrow believes this year’s “package” for roads, parks, facilities, and public transportation provides a unique nexus of stimulus and opportunity for Anchorage residents because:

• “Shovel-ready” - Much of the emphasis regarding the Federal stimulus package has focused    on putting these funds immediately to work in wages and salaries. More than 90 percent of    this year’s proposed bonds would be used to fund construction contracts in 2009 that would    flow directly into Anchorage’s workforce.

• Leveraging existing grants - There is virtually a dollar-for-dollar match of proposed bonds to    existing grants. Thus these bonds have an immediate 100 percent “multiplier effect” in    doubling their stimulus impact.

• Attracting new grants - Recognizing the challenges associated with attracting State and    Federal grants in the current economy, the Municipality would place itself in the strongest    possible position to pursue these scarce funds by committing local matches to these soft    monies. Our bond propositions are matched almost “dollar-for-dollar” with grant requests    and thus offer the promise of additional stimulus from external funding sources.

• Sustaining economic vitality - In addition to the short-term stimulus to our local economy    generated by the construction contracts that would be funded by these bonds, the upgrades    to Anchorage’s transportation system would make general transportation and the delivery of    goods and services more efficient and cost-effective.