CBJ launches new tax transparency tool

    Juneau, Alaska (KINY) - The City and Borough of Juneau is implementing a new resource intended to allow residents to see how their tax dollars are spent. The program, called Taxpayer Receipt, will provide residents an estimated breakdown of programs and services supported by residents' property and sales tax dollars.

    To use the resource, residents anonymously answer questions regarding age, annual income, whether they own a home, and the home’s assessed value, if applicable.

    The tool will produce a tax receipt that includes CBJ’s 5% sales tax for all residents and CBJ’s property tax rate of 10.56 mills for homeowners.

    Based on this information, the tool applies an algorithm that calculates their estimated taxes paid and breaks that total down into the proportional amounts of their tax used in individual programs and services like, police, fire, parks, recreation, libraries, etc.

    The receipt does not include additional taxes levied on the sale of tobacco, liquor, or marijuana, and it does not account for property taxes that are paid via rental costs.

    the CBJ hopes the increased transparency around fiscal priorities will enhance public engagement during the budget process, which occurs each spring.

     

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