ALASKA DIGEST EMAIL NEWSLETTER

Don Smith
Anchorage, AK
February 24, 2004

TO REVIEW THE LIST OF ALASKA LOBBYISTS

ANCHORAGE VOTERS........BEWARE!!!!!

Are you ready to vote for the $241.6 MILLION DOLLARS of bonds on the April Municipal Ballot?

If you've ever wondered why your taxes go up and up every year....then consider what it costs to pay off municipal debt. On average, Anchorage taxpayers pay approximately 11% each year for the total outstanding municipal debt. Current annual debt re-payment is now $179 million per year. This will JUMP to $201 million per year if this new $241.6 Million in bonds pass in April.

Anchorage Taxpayers now owe $1.583 BILLION....This will increase to $1.833 BILLION next year if the bond issues pass.

Contact your Assemblyman and ask that they publish a list of Municipal Debt - FULL page ad - 7 to 10 days before the April 5th election - so voters will be FULLY informed before they vote to authorize another $242 Million of Municipal Debt.