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A proposition on Juneau’s local ballot this year asks voters whether to lower the cap on the local property tax rate, also known as the mill rate. Advocates say the proposition will help make Juneau more affordable.

Proposition 1 seeks to cap the rate the city uses to determine how much residents pay in property taxes each year.

“Everyone who owns property in Juneau pays property tax to the city based on the value of their property. This would be capping the rate at which the Assembly can charge them for that,” said Assembly member Christine Woll.

The proposed cap is only slightly lower than what property owners are already paying currently.

Right now, the city caps the mill rate at 12 mills. That limit excludes debt

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