October 2, 2018 Regular Municipal ElectionOfficial Candidate List PROPOSITION INFORMATIONFNSB Proposition 1$36,615,000 General Obligation Bonds for Capital Improvements"Shall Ordinance No. 2018-17 be approved; shall capital improvements to the following Borough facilities be approved (as further described in the ordinance): Ben Eielson Jr/Sr High School Roof Replacement, John A. Carlson Community Activity Center, Woodriver Elementary School, and a replacement animal shelter; and shall the Fairbanks North Star Borough incur debt and issue general obligation bonds in a principal amount not to exceed $36,615,000 to pay costs of the plan, all as authorized by Ordinance No. 2018-17?"Information on Plan of Capital ImprovementsEstimated CostsConstruction, acquisition, renovation, maintenance, and associated project costs of the plan$36,615,000Estimated bond interest$33,868,875Estimated total cost of plan, including bond interest$70,483,875Estimated additional annual operating and maintenance costs$0Property tax impacts:Approximate amount that will be due in annual taxes on $100,000 in assessed value to retire this debt$34.80Click Here To View Full Ordinance As Adopted By FNSB Assembly FNSB Proposition 2"Shall Ordinance 2018-22 be ratified? Ordinance 2018-22 exempts from the tax revenue cap the amounts transferred or appropriated each fiscal year to the facilities maintenance reserve fund, not to exceed an increase of 1 mill to the rate of property tax levy."Click Here To View Full Ordinance As Adopted By FNSB AssemblyFNSB Proposition 3Ordinance Establishing Maximum Allowable Tax Revenues"Shall sections 8.04.290 and 8.04.300 of the Fairbanks North Star Borough Code (FNSBC) be reenacted? These sections will provide for limitations on the maximum allowable tax revenues for the Fairbanks North Star Borough. Under FNSBC 8.04.290 the borough will be able to levy or impose only the same amount of taxes for one fiscal year as the borough levied or imposed for the preceding year, except that the borough can increase the amount of taxes levied or imposed (a) to adjust for inflation; (b) to take into account new buildings and land coming onto the tax rolls; (c) make new payments on bonds; (d) pay for services approved by voters; (e) pay for new legal judgments entered against the borough; and to pay for expenses in emergencies. FNSBC 8.04.300 provides a formula and definitions for the limitations of FNSBC 8.04.290."A "Yes" vote reenacts FNSBC 8.04.290 and 8.04.300, which limits the maximum allowable tax revenues for the borough. If reenacted it may not be modified or negated within two years. A "No" vote means the initiative will be defeated. The current revenue cap in the FNSB Code of Ordinances will remain in effect; however, it can now be modified or negated by the assembly. Tax Cap Certification (Certified September 20, 2017) Tax Cap Ordinance as Submitted by Sponsor Click Here To View The Factual Resolution As Adopted By FNSB Assembly FNSB Proposition 4Ordinance Enacting The Home Heating Reclamation Act"The Fairbanks North Star Borough, excluding the natural gas utility, shall not in any way regulate, prohibit, curtail, ban, nor issue fines or fees associated with, the sale, distribution, installation or operation of solid fuel heating appliances or any type of combustible fuels. "Solid fuel heating appliance" is defined as any appliance designed to produce heat by burning non-gaseous and non-liquid fuels, including but not limited to, wood stoves, coal stoves, wood-fired hydronic heaters, wood-fired furnaces, coal-fired hydronic heaters, coal-fired furnaces, fireplace inserts, pellet fuel burning devices, masonry heaters, cook stoves, and fireplaces."A "Yes" vote enacts the Home Heating Reclamation Act as law, which prohibits the borough, excluding the natural gas utility, from regulating, prohibiting, curtailing, banning, or issuing fines or fees associated with the sale, distribution, or operation of solid fuel heating appliances or any type of combustible fuel. If enacted it may not be modified or negated within two years.A "No" vote means the initiative will be defeated. Home Heating Certification (Certified September 22, 2017) Home Heating Ordinance as Submitted by Sponsor Click Here To View The Factual Resolution As Adopted By FNSB Assembly Initiative Statement Authorship Form Questions? Contact the Borough Clerk's Office at (907) 459-1401 or email clerks@fnsb.us
