Submitted by: Rod Swope, City & Borough Manager
I. FLAG SALUTE
II. ROLL CALL
III. MANAGER’S REQUEST FOR AGENDA CHANGES
IV. PUBLIC PARTICIPATION ON NON-AGENDA ITEMS.
(Not to exceed a total of 20 minutes nor more than 5 minutes for any individual).
V. UNFINISHED BUSINESS
A. Ordinance 2005-39
An Ordinance Repealing The Community Purpose Property Tax Exemption.
State Statutes govern the manner in which CBJ assesses and levies property tax. State statute provides for both mandatory exemptions and optional exemptions. Under the statutes, a municipality may, by ordinance, classify and exempt from taxation the property of an organization "not organized for business or profit-making purposes and used exclusively for community purposes."
In implementing the Community Purpose exemption, the Assessor is charged with making the determination that the property meets the community purpose use, and benefits a significant portion of the public. Over time, the number of parcels granted this exemption has grown. After reviewing the exempted parcels, the Tax Policy Subcommittee has determined that a number of the parcels probably do not meet the State requirements of being used “exclusively for community purpose.” In addition, the Assessor has determined that approximately half of these parcels should be exempted under State mandatory exemptions, e.g., the charitable purposes exemption, not the Community Purpose optional exemption.
CBJ is currently providing $21.7 million in Community Purpose exemptions to 26 real parcels of property and 10 business personal property accounts. Optional exempted property is included in the State’s Full and True Value calculation while mandatory exemptions are excluded. Under the State’s education funding formula, municipalities are required to contribute 4 mills of “Full and True Value” to education support and the State then reduces their contribution on a dollar for dollar basis. Providing optional exemptions results in a cost to the remaining taxpayers equal to 4-mills of the property optionally exempted. Accordingly, it is more efficient to use the mandatory exemptions where applicable.
The Assembly Finance Committee considered this ordinance at its meeting of October 26, 2005, and recommended adoption.
The Assembly considered this ordinance at its meeting of November 21, 2005 and
I recommend this ordinance be adopted.
VI. STAFF REPORTS
VII. ASSEMBLY REPORTS
A. Mayor’s Report
B. Committee Reports
C. Liaison Reports
D. Presiding Officer Reports
VIII. ASSEMBLY COMMENTS AND QUESTIONS
IX. CONTINUATION OF PUBLIC PARTICIPATION ON NON-AGENDA ITEMS
X. EXECUTIVE SESSION
Note: Agenda packets are available for review at the Juneau Municipal Libraries and online at www.juneau.org.
ADA Accommodations Available Upon Request: Please contact the Clerk’s office 72 hours prior to any meeting so arrangements can be made to have a sign language interpreter present or an audiotape containing the Assembly’s agenda made available. The Clerk’s office telephone number is 586-5278, TDD 586-5351, e-mail: firstname.lastname@example.org.