Anchorage Mayor Proposes Sales Tax for Infrastructure, Housing

Anchorage Mayor Suzanne LaFrance proposes a new three percent sales tax to address the citys financial challenges, including a growing backlog in infrastructure maintenance and affordability crisis in housing and childcare. The tax aims to generate up to $176 million annually, with a third going towards housing and childcare initiatives. If approved, it would provide property tax relief and support the mayors goal of building ten thousand homes in ten years. The proposal will be discussed at an upcoming Assembly meeting. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.