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Thursday, January 18 2018 @ 10:28 AM AKST

Op/Ed: Letter to the Editor: "How did did this whole Incorporation topic turn so ugly?"

Big Lake City"How did did this whole Incorporation turn so ugly?"

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Op/Ed: Letter to the Editor: "How did did this whole Incorporation topic turn so ugly?" | 3 comments | Create New Account
The following comments are owned by whomever posted them. This site is not responsible for what they say.
Op/Ed: Letter to the Editor:
Authored by: Anonymous on Wednesday, October 07 2015 @ 11:37 AM AKDT
Think I recall reading on this site, that the new city, once approved (if) has 2 years to actually worry about money. This starting out in a debt rumor is just false.
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Op/Ed: Letter to the Editor:
Authored by: Anonymous on Wednesday, October 07 2015 @ 03:44 PM AKDT
At one of the Thursday night meetings the Say Yes said that they could determine when they would take over from the Borough. So I understood that to mean that when there is enough money to do so.
Now, it seems to me that the Borough will keep our tax dollars to maintain the roads, capital improvements etc. that they do now - so how will the tax dollars start accumulating so there will be enough money to start with out borrowing? I am so confused!
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Op/Ed: Letter to the Editor:
Authored by: Anonymous on Thursday, October 08 2015 @ 07:29 AM AKDT
Yes we will start out with no money ! this is a letter from the MSB manager that explains why,
both the City of Wasilla and Houston had a bond vote as part of the incorporation to start out and
to fund the start of the city.

.All taxes are considered levied as of January 1, of the calendar year. However, current year mill rates are not known until the budget is set in May. Once the budget and related mill rates are adopted we prepare billings and mail according to State Statue “no earlier than June 30 and no later than July 1” of the calendar year. Per Borough code tax payments are due August 15th but the taxpayer can elect to pay one half August 15 and the remaining one half February 15 of the subsequent year.



So yes there is a lag between when taxes are levied and when paid, as well as a lag between collection of taxes and disbursement of funds for services.



Funds for the existing RSA may be transferred to the new City of Big Lake, however they were collected for road service work and can only be spent for that effort.



John








John M. Moosey


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