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Juneau mill rate set at $9.53; up 1.9 percent

December 7, 2018

The city of Juneau’s budget for 2019 includes a property tax mill rate of $9.53.

A mill rate of $9.53 means a property tax bill of $953 on a house valued at $100,000. The mill rate in 2018 was $9.35 for a total increase of $18 on a $100,000 home. The rate was $9.37 in 2016 and $9.49 in 2017.

In 2019, Juneau projects collecting $1.37 million in total property tax revenue. Of that, $590,849 will go to the general fund, $261,315 will go to debt service and $515,589 will go toward financing the city’s tax increment finance districts.

The 2019 budget includes revenue of $2.13 million, an increase of 0.4 percent over 2018. In 2019, the budget has $2.16 million in expenditures, an increase of 2.8 percent, for a deficit of $24,650 in 2019. The budget in 2018 ran a surplus of $25,826.

General fund taxes are projected to come in at just under $591,000 in 2019, a slight increase of 0.1 percent over 2018. Intergovernmental revenue dropped about $100 for a total of roughly $996,000.

The city’s spending on general government will drop more than 8 percent to $400,300. Public safety spending will stay roughly the same at $704,200.

Spending on public works will increase 4.8 percent to $624,900. Spending on culture, recreation and education uses will increase nearly 20 percent to $406,000.

The city’s general fund is estimated to start at $1.06 million and end the year at $1.05 million.

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