Alaska Stat. § 29.45.020

Current through Chapter 61 of the 2024 Legislative Session and 2024 Executive Orders 125, 133 through 135

Section 29.45.020 - Taxpayer notice

(a) If a municipality levies and collects property taxes, the governing body shall provide the following notice:

"NOTICETOTAXPAYER

Forthecurrentfiscalyearthe(city)(borough)hasbeenallocatedthefollowingamountofstateaidforschoolandmunicipalpurposesundertheapplicablefinancialassistanceActs:

PUBLIC SCHOOL FUNDING

PROGRAM (AS 14.17) $

STATE AID FOR RETIREMENT OF SCHOOL

CONSTRUCTION DEBT (AS 14.11.100) $

COMMUNITY REVENUE SHARING PROGRAM

(AS 29.60.850 - 29.60.879) $

T $ OTALAID

The millage equivalent of this state aid, based on the dollar value of a mill in the municipality during the current assessment year and for the preceding assessment year, is:

MILLAG E EQUIVAL ENT

PREVIOU THIS S YEAR YEAR

PUBLIC SCHOOL FUNDING

PROGRAM ASSISTANCE MILLS MILLS

STATE AID FOR RETIREMENT OF

SCHOOL CONSTRUCTION DEBT MILLS MILLS

COMMUNITY REVENUE SHARING

PROGRAM MILLS MILLS

TOTAL MILLAGE EQUIVALENT MILLS MILLS"

Notice shall be provided by

(1) furnishing a copy of the notice with tax statements mailed for the fiscal year for which aid is received; or

(2) publishing in a newspaper of general circulation in the municipality a copy of the notice once each week for a period of three successive weeks, with publication to occur not later than 45 days after the final adoption of the municipality's budget.

(b) Compliance with the provisions of this section is a prerequisite to receipt of community assistance under AS 29.60.850 - 29.60.879. The department shall withhold annual allocations under those sections until municipal officials demonstrate that the requirements of this section have been met.

AS 29.45.020

Amended by SLA 2016, ch. 44,sec. 2, eff. 1/1/2017.