Anchorage Voters Approve $59.25M of School Bonds

WASHINGTON — Anchorage, Alaska, voters have approved $59.25 million of bonds to expand and refurbish several elementary schools.

With more than 99% of precincts reporting, just over 52% of voters had given the bond measure the thumbs-up.

The Anchorage Assembly approved the measure for the ballot in November. The bonds will allow the schools serving Alaska's most populous city to do extensive renovations, including replacements of floors, ceilings, and doors.

The bonds will cost taxpayers about $5.59 in property taxes per $100,000 of assessed value, according to bond proposal documents. Anchorage sold $59.1 million of new money school bonds and $37.1 million of refunding school bonds in November, according to information on EMMA.

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Alaska
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