Mat-Su assembly hears options for AK LNG tax framework as municipalities press for PILT Manager Brown and AGDC representatives briefed the Assembly on competing tax options for the AK LNG project — a lower '2-mill' property tax or a volume-based payment-in-lieu-of-taxes (PILT). Officials said revenue modeling shows a full property-tax assessment could generate roughly $760 million annually on the entire project value; a throughput PILT would yield smaller, more predictable initial payments for the borough.

The Mat-Su Assembly is at a crossroads, debating whether a property tax or a volume-based payment system will shape the future of the $44 billion Alaska LNG project and its impact on local schools.

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#Borough #AK #EnergyPolicy #LocalEducationFunding #CitizenPortal

Missouri property-tax overhaul faces pushback from nursing homes, counties and schools Sponsors presented a wide-ranging property-tax reform package that would change valuation methods, short-term rental classification, and TIF accounting; long-term care providers and local governments warned the measures could double taxes for some facilities and disrupt school and municipal revenues.

Missouri's bold property-tax reform is stirring up fierce opposition from nursing homes and schools, with critics warning it could double taxes for vital care facilities!

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#MO #CitizenPortal #TaxReform #TransparencyInGovernance #LocalEducationFunding #MissouriPropertyTax

Pennridge School District increases property tax relief funding by 13.4% Pennridge allocates $4.4 million for property tax relief, raising homestead deductions by $40.31.

Pennridge School District just announced a 13.4% increase in state property tax relief, but budget challenges are still looming large!

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#PA #PropertyTaxRelief #PennridgeSchools #LocalEducationFunding #CitizenPortal #BudgetaryChallenges