# Worksession re Mayor’s Preliminary Budget Information (120-Day Memo)


**Body:** Municipality of Anchorage
**Date:** September 19, 2026
**Jurisdiction:** SLED

**Tags:** Construction & Infrastructure, Professional Services, Physical Infrastructure, Grants & Funding


This was a worksession held by the Municipality of Anchorage on September 19, 2026, focused on the Mayor's Preliminary Budget Information as part of the 120-Day Memo process. The meeting covered a comprehensive review of the fiscal environment, highlighting flat revenue projections alongside rising costs in insurance, energy, and living expenses. Key procurement-related discussions included preliminary capital budget information, with emphasis on bondable projects primarily funded through property taxes, and the challenges of deferred maintenance and infrastructure demands. The assembly discussed the proposed reorganization of municipal departments, the impact of the JBar Fightertown recapitalization on housing and infrastructure needs, and the complexities of school district funding within tax cap constraints. The session also addressed anticipated bond packaging strategies, potential state funding requests, and the importance of strategic investments in neighborhood revitalization and energy efficiency. The timeline for budget introduction, deliberation, bond finalization, and mill rate setting was outlined, with upcoming work sessions planned to further discuss parks capital projects and ACE fund board recommendations.

**Source:** Municipality of Anchorage