Tag Archives: school bond debt

  The Kodiak Island Borough Assembly Thursday night moved to advance to public hearing an ordinance that sets out where the borough will get the funds to pay for the debt on the high school. The assembly passed the current year’s budget before the governor cut 50-percent of the funding for bond debt reimbursement for schools. That leaves the borough …

The Kodiak Island Borough Assembly tonight has a wide range of items on its agenda. Everything from an ordinance to change the rules for attendance and vacancies on the assembly to an invitation to Governor Mike Dunleavy to visit. A letter in the meeting packet invites the governor to come to Kodiak as part of his community outreach program to …

  At last night’s regular meeting the Kodiak Island Borough Assembly approved increasing the amount of money that can be taken from the Facility Fund to pay school bond debt, as well a measure writing off old uncollectible debts. KMXT’s Maggie Wall has this report on those two public hearing items as well as other action by the assembly. Click …

The House Finance Committee voted this month for a budget amendment to end school bond debt reimbursement. For Kodiak Island Borough, that could potentially mean property tax hikes of about 37 percent. The bonds that helped pay for construction of Kodiak High School are at risk of losing state reimbursement. (Photo by Kavitha George) The recent House Finance Committee vote …