Sep 4, 2020

09-04-20 12:04 newscast


Sep 4, 2020

09-04-20 8:30 AM newscast

The state reported 116 new cases of COVID-19 recorded on Saturday. It’s the largest single-day increase and the first time the state has seen over 100 cases in one day. Three of those were Fairbanks North Star Borough employees.

The Fairbanks North Star Borough administration announced two employees have tested positive for COVID-19.

07-09-20 12:04 PM newscast

07-06-20 12:04 PM newscast

A resolution supporting Black Lives Matter and marginalized groups is in front of the Fairbanks North Star Borough Assembly tonight. After public comment last Thursday, debate on the resolution was postponed because the Assembly ran out of time. The resolution focuses on racism and police brutality.

Borough Readies CARES Money for Give-Away

Jun 18, 2020
Robyne / KUAC

Almost 25 million dollars from the federal Coronavirus Relief Fund (CRF) is to be distributed to Interior businesses and individuals by the Fairbanks North Star Borough. Tonight (Thursday) the borough assembly will vote on an ordinance to approve the pass-through money. Money should get to locals in August.

Budget Down, Mill Rate Down, Taxes Down

Jun 12, 2020
Robyne / KUAC

The mill rate for Fairbanks North Star Borough property taxpayer was set last night (June 11) by the borough assembly.

The Areawide Mill Rate will be 13.891. That means property taxpayers will contribute about $13.89 for every $1,000 dollars of their property value. For example, a $100,000 house would require a payment of $1,389 dollars in taxes. Last year’s was 13.892. This year’s rate is 1/1,000th less.

The assembly passed a budget on May 14. Debbie Brady, Chief Financial Officer, says the value of the property in the borough was underestimated and will bring in about $4 million dollars more in revenue for fiscal 2021. So at that May 14 meeting, the Assembly set aside $1.6 million for property taxes by the Fort Knox mine, which is arguing with the borough over property value, sent an extra $500,000 to the school district to help with pandemic expenses, and assigned $1.9 million back to the borough general fund’s unassigned fund balance, making the draw on fund balance about $5.6 million instead of $7.5 million.

“In accordance with the Assembly’s May 14th actions, the $1.6 million for fort Knox is set aside, $500,000 is going back to the school district, and the remaining $1.9 million is reducing the draw on the general fund’s unassigned fund balance.”

Assembly member Matt Cooper told citizens where to find the figures in borough documents.

“I just want to note for the public listening that Substitute Attachment A has the revised mill rate in it and keeps the mill rate almost the same, and actually very slightly less than last year.”

The borough budget is $140,568,829.  That is without the Road, Fire and other Service Areas. It still has to be reviewed and finalized by the borough’s Finance Department. Last year’s (FY 2020) budget was slightly higher at $141,941,342.

Tax bills go out on June 30, and the first installment is due by Sept. 1.

Borough Budget Keeps Mill Rate Down

May 15, 2020

After an evening of amendments, most of which failed, the Fairbanks North Star Borough Assembly sought to keep the property tax rate below the current 13.892 mills.