10/03/2024 | Press release | Distributed by Public on 10/03/2024 13:45
Anchorage, Alaska - On October 2, 2024, Mayor Suzanne LaFrance and her team released the 2025 Municipality of Anchorage budget. The mayor's budget prioritizes public safety, tackling homelessness, restoring core services, and establishing a future-oriented foundation from which to build.
"A budget is not only a reflection of our values and priorities, but the vehicle through which they become results," Mayor LaFrance said. "Our team has focused on building a budget that funds strategies to address the community's biggest challenges while delivering quality public services each day."
The 2025 operating budget includes key investments to address homelessness, expand and improve crisis response services, strengthen road-plowing capacity, support child care and early education, and rebuild the Municipality's workforce to safeguard critical service delivery for the people of Anchorage.
Highlights from the Operating Budget:
Highlights from the Capital Budget:
Proposed Levies for Consideration on April 2025 Ballot
Alongside the budget, the mayor has also put forward two special levies to address the Municipality's aging equipment:
The released budget includes the mayor's proposed operating budget, capital budget, and budgets for the municipality's utilities and enterprise departments.
"The 2025 proposed budget continues to prioritize core service delivery and aligns funding toward critical community needs, all while coming in almost $200,000 under the tax cap," said Ona Brause, director of the office of Management and Budget.
"I am proud to share a fiscally responsible budget that gets the basics right andfaces the big challenges head-on," Mayor LaFrance said. "It takes longer to fix things than it does to break them and Government is no different. This budget reflects our commitment to the hard work ahead. Our community deserves no less."
The mayor's proposed budget has been submitted to the Assembly and is available for community review. The Assembly will review, hold public hearings, amend, and approve.
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Media Contact: Amanda K. Moser
907-615-7852
[email protected]