How Can We Help You?


Treasury

 

Property Taxes

Frequently Asked Questions

  1. What is the general definition of Real Property?
  2. What is the general definition of Personal Property?
  3. When should I expect to receive a bill for Real Property taxes?
  4. When are Real Property Taxes due?
  5. What should I do if I do not receive a Real Property tax bill? 
  6. Can I pay my Real Property taxes via Internet or phone (i.e. electronic check or credit card)?
  7. Who do I make my check payable to?
  8. What address do I use to make a payment?
  9. What are the penalty and interest rates if I do not pay my property taxes timely?
  10. What is the latest time I can make my payment for Real Property taxes and still be considered timely?
  11. What constitutes a valid receipt for payment of my Real Property taxes?
  12. If an appeal has been filed but is not finalized by the first and/or second half due date, do the taxes have to be paid?
  13. Can payments be made on Real Property taxes other than the due dates?
  14.  Are advance payments for Real Property taxes accepted?  And if so, how far in advance?
  15. If my taxes are overpaid how do I receive a refund?
  16. Will I receive a refund of overpaid taxes if my value is adjusted after I have paid the taxes based on the higher value?
  17. How do I know if my mortgage company has received the tax information for my accounts(s)?
  18. How do I change my mailing address on my account(s)?
  19. How do I apply for a Senior Citizen or Disabled Veteran Exemption?
  20. How do I apply for a Residential Exemption?
  21. Are Real Property taxes billed on a calendar year or some other basis?
  22. When will my property be foreclosed on if I am delinquent on my Real Property taxes?
  23. How will my account be affected if the check I mail for payment does not clear my bank?
  24. What should I do if I recently sold my property, but I am still getting the tax bill?
  25. Why should I pay penalty and interest on a late payment when I never received my tax bill?

      

 1.  What is the general definition of Real Property?

Real Property (real estate) is the rights to land and improvements to the land.

Return to Top

 2.  What is the general definition of Personal Property?

Personal Property includes mobile homes located in mobile home parks. Business personal property is composed of tangible assets held for use in a business, other than real property. Taxable business personal property includes, but is not limited to, inventory, supplies, furniture, fixtures, equipment, leasehold improvements, and rental furnishings.

Return to Top

 3.  When should I expect to receive a bill for Real Property taxes?

Tax notices are typically mailed out May 15 of each year for the current year taxes. The mailing date is subject to change depending on when the Municipal Assembly sets the mill levy.

Return to Top

 4.  When are Real Property Taxes due?

  • First half installment is due June 15.
  • Second half installment is due August 15.

These dates are subject to change depending on when the Municipal Assembly sets the mill levy and tax bills are mailed out. See calendar for more information.

Return to Top

 5.  What should I do if I do not receive a Real Property tax bill?

View your account information via this website or you can contact the tax department.

Click here to view your account information.

Return to Top

 6.  Can I pay my Real Property taxes via Internet or phone (i.e., using electronic check or credit card)?

Yes, the Municipality of Anchorage offers two forms of electronic payment, electronic check and credit card:

  1. The e-check option will charge the taxpayer a third party fee of $1.95 per transaction. This e-check option will be available only through this website.
  2. The credit card payment option will charge the taxpayer a third party fee of approximately 2.55% of the tax amount paid. The credit card option will be available through this website or by phone.

The Municipality offers both electronic payment options as a way to provide additional choice and convenience to customers making payment on real property taxes (certain minimum and maximum payment amounts apply).Click here to make electronic payment.

Return to Top

 7.  Who do I make my check payable to?

Make checks, money orders, cashier checks or travelers checks payable to: Municipality of Anchorage or MOA.

Return to Top

8.  What address do I use to make  a payment?

Mailing Address:

  • Municipality of Anchorage - Department of FinanceTreasury Division - P.O. Box 196040 - Anchorage, AK 99519-6040

Physical Address:

  • City Hall - 632 West 6th Avenue - Suite 330 - Anchorage, AK 99501

Note:  Please provide property identification number when making payment to ensure payment is applied to the proper account.

Return to Top

9.  What are the penalty and interest rates if I do not pay my property taxes timely?

The penalty rate is 10% of the principal balance owing at the time the due date has passed on each unpaid installment.The interest rate charged is 2% above the prime rate as of April 15th of each year. The interest rate is multiplied by the unpaid principal balance and charges accrue monthly.

Return to Top

10.  What is the latest time I can make my payment for Real Property taxes and still be considered timely?

Payments are considered timely if confirmation:

  1. From website is dated by 11:59 p.m. on or before the due date, or.
  2. Envelope is postmarked by the US Post Office by 11:59 p.m. on or before the due date, or
  3. Cash register receipt / Treasury date stamp is received in person by 5:00 p.m. on or before the due date.

Note: If the due date falls on a weekend or holiday, the due date is the next business day

Return to Top

11.  What constitutes a valid receipt for payment of my Real Property taxes?

Valid receipt of payment:

  1. Confirmation number from the website if you paid by e-check or credit card, or
  2. Your canceled check if you paid by mail, or
  3. Cash register receipt if you paid in person at the customer service counter, or
  4. Your credit card statement if you paid by credit card.

Return to Top

12.  If an appeal has been filed but is not finalized by the first and/or second half due date, do the taxes have to be paid? 

Real Property taxes are due and payable as billed even if you have filed an appeal on the assessed value of your property. A refund will be made, if appropriate, after resolution of your appeal.

Those taxpayers entitled to a refund will be paid interest from the date(s) the payment(s) that created the overpayment were made. 

Return to Top

13.  Can payments be made on Real Property taxes other than the due dates?

Yes, but that does not stop the penalty, interest or foreclosure costs from being applied to the account if at least the minimum payments were not paid by the first and second half due dates.

Return to Top

14.  Are advance payments for Real Property taxes accepted?  And if so, how far in advance?

As of January 1st each year for the current year only.  The minimum amounts due for each installment due date must still be met.  Our 3rd party e-check and credit card payment processor (i.e., Official Payments Corp., aka OPC) also offers taxpayers the opportunity to electronically schedule recurring payments/reminders and setup these payments/reminders in advance of tax due dates. Click here to visit OPC and set-up advance payment or due date reminder.

Return to Top

15.  If my taxes are overpaid how do I receive a refund?

Credit balances are automatically refunded in accordance with AMC 12.05.062 with interest for all Real Property tax account refunds. Process time will vary due to the volume of overpayments.

If you would like your overpayment applied to the next year's taxes or to another tax account, you can fax a letter requesting the transfer to: (907) 343-6121.

Return to Top

16.  Will I receive a refund of overpaid taxes if my value is adjusted after I have paid the taxes based on the higher value?

A claim for refund or transfer to other property accounts filed one year or later after the due date of the tax as billed is forever barred. AMC 12.05.062

Return to Top

17.  How do I know if my mortgage company has received the tax information for my accounts(s)?

To check if your mortgage company has requested your tax account information go to: View Account. It is the property owner's responsibility to ensure their mortgage company pays their taxes timely each year. Escrow contracts are between the property owner and the mortgage company.

Return to Top

18.  How do I change my mailing address on my account(s)?

Address changes provided in writing by mail or fax are processed by the Property Appraisal Office at:

City Hall - 632 West 6th Avenue Suite 300 - Anchorage, AK  99501

You can also call (907) 343-6770 or fax a request to (907) 343-6599.

Return to Top

19.  How do I apply for a Senior Citizen or Disabled Veteran Exemption?

Applications, procedures and guidelines are available in the Property Appraisal Office located at:

City Hall - 632 West 6th Avenue Suite 300 - Anchorage, AK  99501

You can also call (907) 343-6770.

Return to Top

20.  How do I apply for a Residential Exemption?

Applications, procedures and guidelines are available in the Property Appraisal Office located at:

City Hall - 632 West 6th Avenue Suite 300 - Anchorage, AK  99501

You can also call (907) 343-6770.

Return to Top

21.  Are Real Property taxes billed on a calendar year or some other basis?

Real property taxes are billed on a calendar year basis (January - December).

Return to Top

22.  When will my property be foreclosed on if I am delinquent on my Real Property taxes?

On or about March 1st annually, a petition for judgment and decree of foreclosure and sale is filed with the Superior Court concerning real property parcels with unpaid delinquent taxes for the preceding year(s) (e.g. property with delinquent 2010 and prior years taxes will be foreclosed following the March 2011 statutory publication and noticing period). Foreclosed property may be redeemed during the one-year redemption period by paying the tax amount(s) along with penalty, interest, and costs due. Properties not redeemed prior to the expiration of redemption period are deeded to the Municipality.  Deeded properties that are not repurchased beforehand may be taken by the Municipality for public purpose or sold at public auction.  Additional information regarding foreclosure, deed, and sale of foreclosed property may be obtained by contacting the Municipal Real Estate Services Office at (907) 343-7953 or (907) 343-7986.

Return to Top

23.  How will my account be affected if the check I mail for payment does not clear my bank?

Payment will be reversed off of the account back to the effective date of the payment. The tax billing system will automatically apply any penalty, interest and costs as if the payment was never made. An additional $20.00 cost will be added for returned check fee.

Return to Top

24.  What should I do if I recently sold my property, but I am still getting the tax bill?

Contact the Municipal Assessors' Office at (907) 343-6770 for all ownership and address changes.

Return to Top

25.  Why should I pay penalty and interest on a late payment when I never received my tax bill?

It is the property owner's responsibility to ensure their taxes are paid timely each year.

Failure to receive a tax bill does not relieve the taxpayer of responsibility for timely payment or constitute cause for cancelation of penalty, interest or costs in cases of delinquency.

Click here to see excerpts from Alaska Statutes and Anchorage Municipal Codes.

Return to Top