It will cost $231,796,800 to run the City and Borough of Juneau in the next fiscal year.
The Assembly Monday night appropriated the funds for the FY 2013 budget, which begins July 1. The budget total includes debt service and capital projects.
City code requires it be adopted and funds appropriated by June 15. The Assembly Finance Committee – comprised of all nine Assembly members – approved the spending plan two weeks ago.
Property tax mills fund the budget. The Assembly formally established the rate last night – the same as recommended by the Finance Committee.
City manager Kim Kiefer said the operating mill rate will be 9.26, and debt service 1.29, for a total of 10.55 mills.
“This rate is the same total operating and debt service mill rates as levied in 2011,” Kiefer said.
CBJ property tax rates will stay the same: $1,055 dollars for every $100,000 of assessed property value.
The Assembly also adopted the list of capital improvement projects to be undertaken in the next fiscal year. The money will come from city sales tax and marine passenger fees. Click here for the list of projects and funding sources.
- As the Legislature looks to close a nearly $3 billion gap between state spending and revenue, Southeast lawmakers say school funding shouldn’t be cut further.
- Forty JPD officers would be equipped with body cameras that would be funded by matching grants from CBJ Assembly and U.S. Department of Justice.
- The new White House took action on four measures Friday night, notably on the Affordable Care Act and regulations. The White House did not immediately make it clear what exactly was signed.
- One inauguration protest erupted into conflict; officers in riot gear sent a concussive device into the crowd of several hundred. The interim police chief says protests elsewhere have been peaceful.