Matanuska-Susitna Borough, Alaska

The tax is calculated as (Assessed Value / 1000) * (Areawide Mill Rate + Non-Areawide Mill Rate + Applicable Service Area/City Mill Rates). For FY2026, the areawide rate is 8.485 mills and the non-areawide rate is 0.371 mills. Taxes are levied July 1 and payable in two installments in August and February.

FY2026 budget rates adopted by Borough Assembly; AS 29.45.090 caps general unrestricted municipal property tax at 30 mills.

Requires compliance with Borough land use permits and code regulations for development projects, managed by the Development Services Division.

Enforced by the Matanuska-Susitna Borough Development Services Division.

Delinquent property taxes are subject to a foreclosure list process as defined in Borough Code Chapter 3.15, which may result in the loss of property title through administrative foreclosure proceedings.

Governed by Matanuska-Susitna Borough Code Chapter 3.15.

applies when — Property located within a municipality that levies a property tax under Title 29 of the Alaska Statutes.

Tax is calculated as (Assessed Value - Exemptions) * Mill Rate. Municipalities are authorized to levy taxes and impose liens for enforcement. Exemptions include mandatory state-required exemptions (e.g., for certain residents) and optional local exemptions.

Governed by Alaska Statutes Title 29, Chapter 45.

applies when — Property located within a common interest community created on or after January 1, 1986.

The association holds a statutory lien on the unit for unpaid assessments or fines. The lien has a six-month super-priority for regular budgeted assessments over most encumbrances, excluding first security interests recorded before delinquency and real estate tax liens.

Alaska Common Interest Ownership Act (ACIOA), Alaska Stat. § 34.08.470.

applies when — Property owned by senior citizens (65+) or disabled veterans (50%+ service-connected disability).

Exemption of the first $150,000 of assessed value from municipal property taxation.

Statutory requirement under Alaska law for local taxing authorities.

applies when — Property located within an incorporated municipality that levies a property tax.

Tax is calculated by multiplying the assessed value of the property by the local mill rate. State law mandates a mandatory exemption of the first $150,000 of assessed value for senior citizens (65+) and disabled veterans (50%+ service-connected disability).

Governed by Alaska Statutes Title 29, Chapter 45, Article 1.

applies when — Parcels located within organized boroughs or unified home-rule municipalities possessing statutory land-use powers

Mandates that parcels comply with municipal master comprehensive plans, zoning classifications, and platting ordinances under AS 29.40. No parcel may be subdivided, partitioned, or legally transferred without prior review and plat approval by the local platting board or municipal authority. Imposes land-use covenants running with the land, setback controls, building density caps, and road dedication requirements.

Alaska Statutes Title 29, Chapter 40 (AS 29.40.010 - AS 29.40.200); delegates comprehensive planning, platting, and zoning powers to first and second class boroughs and home rule municipalities.

applies when — Parcels subject to natural hazard zones, FEMA Special Flood Hazard Areas, permafrost conditions, contaminated soil/water sites, or historical erosion

Under the mandatory seller property disclosure statutory framework (AS 34.70.050) and state administrative regulations, transferors must disclose whether the parcel is situated in a designated flood zone or erosion boundary, whether flood insurance is required, presence of permafrost or soil subsidence issues, radon, freeze damage vulnerability, or registered environmental contamination. Omission of known latent environmental hazards subjects the transferor to statutory damages and rescission risk.

AS 34.70.010 et seq.; enforced via statutory disclosure schedules mandated by the Alaska Real Estate Commission.

applies when — Residential parcels located within a taxing municipality that has enacted an optional local homestead/residential exemption ordinance pursuant to AS 29.45.050(a)

Allows municipal taxing bodies to exempt a percentage of the assessed value (commonly up to 20%, often capped at $50,000, as implemented in jurisdictions like Anchorage) for owner-occupied primary residences. Formula: Taxable Value = Assessed Value - Min(Cap, Assessed Value * Exemption Rate). Reduces net taxable assessment before the mill rate is applied.

AS 29.45.050(a); local adoption required under state authorizing statute.

Governs the standard nonjudicial foreclosure mechanism in Alaska. Requires the trustee to record a Notice of Default not less than 30 days after default and at least 90 days before the scheduled foreclosure sale date under AS 34.20.070. The notice must be served via certified mail within 10 days of recording (or personal delivery within 20 days). Public notice of sale must be posted in three public places within 5 miles at least 30 days prior, published in a newspaper once weekly for 4 consecutive weeks, and published online for at least 45 days. Borrowers retain a statutory right of reinstatement by curing defaults prior to the sale (unless two prior notices of default were cured). Under AS 34.20.090, there is no post-sale statutory right of redemption following a nonjudicial foreclosure sale unless specifically provided for in the deed of trust.

AS 34.20.070 - AS 34.20.090 and AS 09.35.140; standard real property security enforcement mechanism in Alaska.

Obligates transferors/sellers to deliver a written disclosure statement in the state-mandated format detailing parcel conditions, structural integrity, operating systems, and material defects before a prospective buyer executes a purchase agreement. Failure to comply affords buyers a statutory right to terminate the contract within a specified statutory window without penalty, and exposes the transferor to civil liability for actual damages caused by willful or negligent misrepresentation.

Alaska Statutes Title 34, Chapter 70 (AS 34.70.010 - AS 34.70.200); governs residential real estate transaction disclosures statewide.

applies when — Residential parcels established as part of a common interest community (condominiums, planned unit developments, or homeowners associations) created after January 1, 1986

Statutorily binds parcels to association governing documents, recorded covenants, bylaws, and mandatory assessment dues under AS 34.08.470. Creates an automatic statutory lien on the parcel for unpaid assessments, fines, and late charges without requiring court recordation. Confers a limited 'super-priority' lien status over prior recorded mortgages for up to six months of regular periodic common expense assessments preceding an action to enforce the lien.

Alaska Statutes Title 34, Chapter 08 (AS 34.08.010 - AS 34.08.995); codified under Uniform Common Interest Ownership Act, effective January 1, 1986.

applies when — Parcels encumbered by a mortgage without a power of sale or deeds of trust where the beneficiary elects judicial foreclosure through the superior court

Requires the lender to file a civil lawsuit in superior court to obtain a judgment and decree of foreclosure under AS 09.45.170. If a judicial foreclosure decree and sheriff's sale occur, the mortgagor holds a statutory right of redemption for up to 12 months after the date of confirmation of the sale under AS 09.35.250 by paying the sale price plus interest, taxes, and allowed costs.

Alaska Statutes AS 09.45.170 - 09.45.220 and AS 09.35.210 - AS 09.35.250.

applies when — Parcels situated within mapped special flood hazard areas (SFHA) participating in the National Flood Insurance Program (NFIP) or regulated coastal zones

Restricts parcel development and building erection through statutory elevation requirements and building code compliance under AS 46.115 and local implementing ordinances. Imposes minimum base flood elevation (BFE) standards, specialized foundation anchoring to resist flood forces, permafrost insulation protection, and strict limits on fill placement in designated regulatory floodways.

Alaska Statutes Title 46 and AS 29.40; coordinated with federal NFIP criteria under 44 CFR Part 60.

applies when — Parcels situated within organized boroughs or cities that exercise the authority to levy general property taxes pursuant to AS 29.45

Imposes an ad valorem property tax assessed at 100% full and true value (fair market value assessment ratio of 1.0) under AS 29.45.110. The state does not levy a statewide residential property tax, delegating taxing authority strictly to local municipal governments under Article X, Section 2 of the Alaska Constitution. Tax liability formula: Tax Due = (Assessed Market Value - Applicable Statutory Exemptions) * (Municipal Millage Rate / 1,000). Millage rates are established annually by local borough and city governing assemblies under AS 29.45.240.

Alaska Statutes Title 29, Chapter 45 (AS 29.45.010 - AS 29.45.240); codifies local taxation authority, full-market-value assessment standards, and billing procedures.

applies when — Parcels owned and occupied as a primary residence and permanent place of abode by a resident who is 65 years of age or older, a disabled veteran with a 50% or greater service-connected disability, or a qualifying surviving spouse aged 60 or older

Mandates that municipalities exempt the first $150,000 of assessed property value from ad valorem taxation. Formula: Taxable Value = Max(0, Assessed Value - $150,000). Municipalities may elect by local ordinance to increase the exemption threshold above the $150,000 state minimum. The exemption attaches to the parcel as long as the claimant remains eligible and resides on the property.

AS 29.45.030(e); statewide statutory mandate binding all property-taxing municipal governments.