With eyes on the recession and public perceptions, members of the Anchorage Assembly Tuesday trimmed more than $14 million from a series of bond proposals that will go before the city’s voters in April, according to a report in the Anchorage Daily News.
In the end, the Assembly approved eight bond propositions worth a total of $140 million for the April 7 election. The largest referendum is a $69.9 million school bond measure.
The Assembly acted to beat Tuesday’s midnight deadline to get bond propositions on the ballot. But members raised some concerns about voters’ appetite for authorizing more debt in the current economic climate.
Acting Mayor Matt Claman has said he expects the city to come up about $17 million short on its $400 million budget during the current fiscal year.
Claman, as Assembly chairman, became acting mayor after predecessor Mark Begich won a seat in the U.S. Senate. Claman is one of at least 10 candidates running for the mayor’s office April 7.