FY2025-01 Certified Values and Tax Levy1
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KODIAK ISLAND BOROUGH
ORDINANCE NO. FY2025-01
A ORDINANCE OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH RECEIVING THE
2024 CERTIFIED REAL AND PERSONAL PROPERTY TAX ROLL; LEVYING AD VALOREM
PROPERTY TAXES FOR TAX YEAR 2024 CONSISTING OF AN AREAWIDE TAX, WOMEN'S
BAY FIRE AREA TAX, A WOMEN'S BAY ROAD SERVICE AREA TAX, A BAY VIEW ROAD
SERVICE AREA TAX, A TAX IN FIRE PROTECTION SERVICE AREA NO. 1, A MONASHKA
BAY ROAD SERVICE AREA TAX, A TAX IN SERVICE AREA NO. 1 ROADS, A WOODLAND
ACRES STREET LIGHT SERVICE AREA, A TAX IN THE SERVICE AREA NO. 2, A TAX IN
THE KIB AIRPORT FIRE SERVICE AREA, A TAX IN THE TRINITY ISLANDS STREET LIGHT
SERVICE AREA, AND A TAX IN THE MISSION LAKE TIDE GATE SERVICE AREA; LEVYING
COMMERCIAL AIRCRAFT TAX PROVIDING FOR THE COLLECTION OF TAXES DUE IN
2024; AND SETTING THE DATE WHEN TAXES BECOME DELINQUENT
WHEREAS, the Kodiak Island Borough Assembly exercises its power to assess, levy, and
collect property taxes as provided in AS Chapter 29.45 and KIBC Title 3.35; and
WHEREAS, the Assembly wishes to acknowledge receipt of the 2024 Certified Real Property
Roll and Business Personal Property Roll as certified by the Assessor on May 09, 2024; and
WHEREAS, AS 29.45.240(a) calls for the Borough to annually set the rate of tax levy, date of
equalization and date when taxes become delinquent by resolution; and
WHEREAS, KIBC 3.25.010 calls for the Borough to annually set the tax levy by ordinance, and
WHEREAS, KIBC 3.15.60 calls for the rate of levy to be determined by June 10 each year, and
WHEREAS, AS 29.45.240(b) calls for the rate of levy to be determined by June 15 each year;
and
WHEREAS, in accordance with AS 29.45.240, KIBC 3.35.010 and KIBC 3.35.120, the
Assembly now wishes to set the 2024 tax year rates of levy and date when taxes become
delinquent.
NOW, THEREFORE, BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND
BOROUGH that:
Section 1. Certified Roll Acknowledged. The Assembly hereby acknowledges the
2024 Certified Real Property Roll and Business Personal Property Roll as certified by the
Borough Assessor on May 09, 2024, and presented to the Assembly May 10, 2024, and
uses that roll as the basis for levy of property taxes for 2024. A copy of the certification is
attached hereto as Exhibit A. The complete roll is available in the Borough Assessor's
office.
Section 2. Areawide Tax. There is hereby levied upon all taxable real property in the
Kodiak Island Borough, a property tax consisting of a tax allocated to the Kodiak Island
Borough General Fund at the rate of 1.15 mills; a tax allocated to the Educational Support
Fund at the rate of 6.86 mills; a tax allocated to the Debt Service Fund at the rate of 0.25
mills; and a tax allocated to the Renewal and Replacement Fund at the rate of 0.99 mills;
for a total areawide tax levy of 9.25 mills for the tax year 2024, based upon the net taxable
roll for real property in the amount of $1,665,595,529 and personal property in the amount
of $168,049,093 producing areawide taxes of 16,961,213.
Ordinance No. FY2025-01
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Section 3. Women Bay Road Service Area There is hereby levied upon all taxable
real property within the Womens Bay Road Service Area, a property tax of 3.25 mills for
service area purposes, in addition to the tax levied in Section 2 above, for the tax year
2024, based on the net taxable roll for real property in the amount of $107,218,100 and
personal property in the amount of $1,275,524 producing taxes for this service area of
$352,604.
Section 4. Service Area No. 1 Roads. There is hereby levied upon all taxable real
property in the Service Area No. 1 Roads Service Area a property tax of 1.50 mills for
service area purposes, in addition to the tax levied in Sections 2 and 3, above, for the tax
year 2024, based on the assessment roll for real property in the amount of $380,787,116
and personal property in the amount of $8,821,587 producing taxes for this service area
of $584,413.
Section 5. Monashka Bay Road Service Area. There is hereby levied upon all
taxable real property in the Monashka Bay Road Service Area a property tax of 1.99 mills
for service area purposes, in addition to the tax levied in Sections 2, 3 and 4 above, for
the tax year 2024, based on the net taxable roll for real property in the amount of
$32,110,200 and personal property in the amount of $254,400 producing taxes for this
service area of $64,405.
Section 6. Bay View Road Service Area. There is hereby levied upon all taxable real
property in the Bay View Road Service Area, a property tax of 1.47 mills for service area
purposes, in addition to the tax levied in Sections 2, 3, 4 and 5 above, for the tax year
2024 based on the net taxable roll for real property in the amount of $12,564,200 and
personal property in the amount of $0 producing taxes for this service area of $18,469.
Section 7. Fire Protection Area No. 1 Service Area. There is hereby levied upon all
taxable real property in the Fire Protection Area No. 1 Service Area a property tax of 1.50
mills for service area purposes, in addition to the tax levied in Sections 2, 3, 4, 5 and 6
above, for the tax year 2024, based on the net taxable roll for real property in the amount
of $561,446,696 and personal property in the amount of $9,120,195 producing taxes for
this service area of $855,850.
Section 8. Womens Bay Fire Area. There is hereby levied upon all taxable real
property in the Womens Bay Fire Service Area, a property tax of 1.25 mills for fire area
service in addition to the tax levied in Sections 2, 3, 4, 5, 6 and 7 above, for the tax year
2024 based on the net taxable roll for real property in the amount of $112,134,100 and
personal property in the amount of $1,275,524 producing taxes for this service area of
$141,762.
Section 9. Service Area No. 2. There is hereby levied upon all taxable real property
in the Service Area No. 2 a property tax of zero mills for service area purposes, in addition
to the tax levied in Sections 2, 3, 4, 5, 6, 7 and 8 above, for the tax year 2024, based on
the net taxable roll for real property in the amount of $0.00 and personal property in the
amount of $0.00 producing taxes for this service area of $0.00.
Section 10. KIB Airport Fire Service Area. There is hereby levied upon all taxable real
property in the KIB Airport Fire Service Area a property tax of 1.25 mills for service area
purposes, in addition to the tax levied in Sections 2, 3, 4, 5, 6, 7, 8 and 9 above, for the
tax year 2024, based on the net taxable roll for real property in the amount of $15,118,700
and personal property in the amount of $4,255,368 producing taxes for this service area
of $24,217.
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Ordinance No. FY2025-01
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Section 11. Woodland Acres Street Light Service Area. There is hereby levied upon
all taxable real property in the Woodland Acres Street Light Service Area a property tax of
0.10 mills for service area purposes, in addition to the tax levied in Sections 2, 3, 4, 5, 6,
7, 8, 9 and 10 above, for the tax year 2024, based on the net taxable roll for real property
in the amount of $72,971,680 and personal property in the amount of $657,443 producing
taxes for this service area of $7,362.
Section 12. Trinity Islands Street Light Service Area. There is hereby levied upon all
taxable real property in the Trinity Islands Street Light Service Area a property tax of 0.15
mills for service area purposes, in addition to the tax levied in Sections 2, 3, 4, 5, 6, 7, 8,
9, 10 and 11 above, for the tax year 2024, based on the net taxable roll for real property
in the amount of $16,829,500 and personal property in the amount of $300 producing
taxes for this service area of $2,524.
Section 13. Mission Lake Tide Gate Service Area. There is hereby levied upon all
taxable real property in the Mission Lake Tide Gate Service Area a property tax of 0.25
mills for service area purposes, in addition to the tax levied in Sections 2, 3, 4, 5, 6, 7, 8,
9, 10, 11 and 12 above, for the tax year 2024, based on the net taxable roll for real property
in the amount of $8,821,600 and personal property in the amount of $4,900 producing
taxes for this service area of $2,206.
Section 14. Commercial Aircraft Tax. These areawide and service area levies made
above are separate from and in addition to the property tax levied on aircraft by Section
3.40.070 of the Kodiak Island Borough Code. This tax shall be levied on the following
schedule:
FIXED WING
ROTOCRAFT
Gross Pounds
Annual Tax
Gross Pounds
Annual Tax
Non Flyable
$50
0-2,000
$400
0-1,000
$100
2,001-3,000
$800
1,001-2,000
$200
3,001-4,000
$1,000
2,001-3,000
$400
4,001-7,000
$1,400
3,001-4,000
$600
7,001-12,500
$1,600
4,001-5,000
$800
5,001-6,000
$1,000
6,001-7,000
$1,200
7,001-8,000
$1,300
8,001-10,000
$1,400
10,001-12,500
$1,500
Section 15. Delinquent Date Established. The billing date for taxes levied pursuant
to the provisions of this ordinance shall be July 1, 2024. In accordance with KIBC
3.35.120, the taxes set out in this resolution shall become due on October 15, 2024, if
made in a single payment; or if made in two payments half due on August 15, 2024, and
half due on November 15, 2024. Should due date fall on a Saturday, Sunday or holiday,
the due date shall be the next business day. Said taxes shall be delinquent unless paid
before 5:00 p.m. local time, on the due date. Payments may be accepted based on a
timely postmark only if the return receives a United States Postal Service cancellation on
or before the due date.
Effective Date. This ordinance shall be effective upon adoption.
Ordinance No. FY2025-01
Page 3 of 4
Exhibit A (page 1 of 3)
KODIAKISL"D BOROUGH
Assessing Department
MEMORANDUM
TO: Kodiak Island Borough Mayor & Assembly
THRU: Aimee Williams, Borough Manager
FROM: Seema Garoutte, Borough Assessor
DATE: May 9, 2024
SUBJECT: Certification of Assessed Values For Fiscal Year 2025
I, Seema Garoutte, in my capacity as Assessor of the Kodiak Island Borough have reviewed the
Calendar Year 2024 tax roll generated by the Assessing Department in the manner required by
Borough ordinances and State statutes. All values and tax exemptions have been tallied and
entered on the tax roll. I have attached a spreadsheet depicting the values for all of the service
districts in the borough. As per KIB 3.35.060 B., I hereby certify that the Calendar Year 2024
assessed value for all taxable real and personal property in the Kodiak Island Borough is:
$1,833,644,622
Date: May 9, 2024
/SAND
e0 11
o c
cc: Dora Cross, Borough Finance Director
"The total valuation for aircraft this year is $4,370,000 with 23 accounts subject to taxation by take -off weight.
KODIAK ISLAND BOR
L
Exhibit A (page 3 of 3)
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ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
THIS SIXTH DAY OF MAY 2024
KODIAK ISLAND BOROUGH
ATTEST:
e��'o Z��Z—n ae7 -A, M - aa,'
Scott Arndt, Borough Mayor No a Javier, MIMIC, Bor ugh Clerk
Introduced by: Borough Manager
First reading: 05/16/2024
Second reading/public hearing: 06/06/2024
VOTES:
Ayes: Ames, Griffin, LeDoux, Smiley, and Turner
Noes: Whiteside and Sharratt
Ordinance No. FY2025-01
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