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Taxation Board nixes 4 of 5 assessment appeals

KANA, Borough file Supreme Court arguments

The property tax dispute between Kodiak Island Borough and KANA is now in the hands of the Alaska Supreme Court. The state’s high court could take up a year to

Assembly members call those eligible for tax exemption

Kodiak Island Borough Assembly members took to the phones last week to try and make sure eligible seniors and disabled veterans were aware of the upcoming deadline to apply for

Assembly may start selling its unused properties

The Kodiak Island Borough Assembly is considering the creation of a staff position that would oversee the potential sale or lease of unused borough properties in an effort to spawn

Kodiak Island Borough Assembly tables discussion on senior property tax exemption until July

The Kodiak Island Borough is one of the only places in the state that doesn’t automatically re-enroll senior citizens and disabled veterans for property

Rezone appeal raises questions about future of Miller Point

Assembly members introduce alternative borough budgets

Kodiak Island Borough assembly members continued to wrestle with the draft fiscal year 2022 budget at a special work session Tuesday. The work session, requested by Borough Mayor Bill Roberts, examined two proposed alternatives to the borough manager’s draft budget and its amended cut. Both alternatives were drafted by two groups of assembly members — one by Duane Dvorak and Geoff Smith, and the other by James Turner, Scott Arndt and Aimee Williams.  The two budget amendments propose to preserve nonprofit funding requested by the assembly on May 20 while avoiding drastic cuts that the manager’s revised draft made to the community development department.

Kodiak real estate market reaches unprecedented highs

It’s a seller’s market in Kodiak real estate, as shown by sale prices and property tax assessments.  Grant Shields has been selling homes in Kodiak since 1996, and he says the market has always gone up.  “But it was a reasonable appreciation,” he said.  In 2016, the average home sale was $300,000, according to data from the Alaska Housing Finance Corporation. Average prices had hovered around $300,000 since 2010.  Today, they’re as high as they’ve ever been in the last 10 years. The average sale price in 2020 was $351,000, though data from the year’s fourth quarter isn’t available yet. And that’s steady from 2019, when the average sale price was $349,000.