Kenai Peninsula Borough
144 North Binkley Street     Soldotna, AK 99669
Phone - (907) 262-4441 or (800) 478-4441   or on the web    www.borough.kenai.ak.us

 Kenai Peninsula Borough Housing and Property
Assessed Value - KPB Property - in $
Borough Certified Taxable and Assessed Values - in $
 Certified for Taxable
Real
Property		 Taxable
Oil Related
Property		 Taxable
Personal
Property		 Total
Taxable
Property		 Total
Exempt
Properties		 Total Value
Including
Exemptions
January 1, 2007 4,561,327,479 607,052,230 191,494,377 5,359,874,086 7,448,332,721 12,808,206,807
January 1, 2006 4,168,157,779 557,070,001 197,026,178 4,922,253,958  6,640,106,828 11,562,360,786 
January 1, 2005 3,719,736,178 566,382,529 215,569,701 4,501,688,408 6,283,622,999 10,785,311,407
January 1, 2004 3,551,139,778 667,704,080 193,721,846 4,412,565,704 5,872,792,122 10,285,357,826
January 1, 2003 3,436,018,329 638,617,190 183,220,748 4,257,856,267 5,764,965,569 10,022,821,836
January 1, 2002 3,124,037,329 662,906,860 203,619,413 3,990,563,602 5,643,166,024 9,633,729,626
January 1, 2001 2,874,720,297 601,141,730 196,910,792 3,672,772,819 5,556,700,009 9,229,472,828
January 1, 2000 2,847,696,197 462,171,190 193,996,087 3,503,863,474 5,151,508,009 8,655,371,483
January 1, 1999 2,682,358,784 452,600,420 169,893,536 3,304,852,740 3,003,241,919 6,308,094,659
January 1, 1998 2,540,676,847 512,562,050 238,828,387 3,292,063,560 2,853,149,371 6,145,216,655
January 1, 1997 2,447,973,674 590,418,930 313,966,303 3,352,358,907 2,823,518,553 6,175,877,460
January 1, 1996 2,402,010,557 507,535,270 298,195,126 3,207,740,953 2,760,449,669 5,968,190,622
January 1, 1995 2,375,738,417 505,183,080 308,395,956 3,189,317,453 2,470,442,957 5,659,760,410
January 1, 1994 2,292,861,788 506,342,880 291,612,624 3,090,817,292 2,393,578,479 5,484,395,771
January 1, 1993 2,185,510,233 521,919,840 271,282,568 2,978,712,641 1,954,735,499 4,933,448,140
January 1, 1992 2,221,408,762 574,284,280 260,993,329 3,056,686,371 2,156,175,949 5,212,862,320
January 1, 1991 2,172,233,125 675,983,390 263,574,623 3,111,791,138 2,098,732,352 5,210,523,490
January 1, 1990 2,160,722,591 641,923,550 219,130,033 3,021,776,174 1,358,006,037 4,379,782,211
January 1, 1989 2,164,753,545 519,285,850 199,797,882 2,883,837,277 1,364,764,747 4,248,602,024
January 1,1988 2,277,229,227 487,144,680 260,066,922 3,024,440,829 1,419,966,110 4,444,406,939
  1/1/2002 1/1/2003 1/1/2004 1/1/2005 1/1/2006 1/1/2007 Percent Change
Taxable Real Property 3,124,037,329 3,436,018,329 3,551,139,778 3,719,736,178 4,168,157,779 4,561,327,479 9.4%
Taxable Gas & Oil Property 662,906,860 638,617,190 667,704,080 566,382,529  557,070,001 607,052,230 9.0%
Taxable Personal Property 203,619,413 183,220,748 193,721,846 215,569,701  197,026,178 191,494,377 -2.8%
Exempt Property 4,526,126,100 4,605,246,200 4,681,327,700 4,890,620,200  6,640,106,828 7,448,332,721 12.2%
TOTAL KPB PROPERTY 9,633,729,626 10,022,821,836 10,285,357,826 10,785,311,407 11,562,360,786 12,808,206,807 10.8%
Certain real properties are exempt from taxation, as mandated by state law.  Those properties are:
Fire System Prevention ANCSA Native Charitable Government
Mental Health Trust Native Allotment Cemetery Farm Deferment
Electric Cooperative Armed Forces  Religious Senior Citizen
Conservation Easements State Educational Hospital Disabled Veteran
2007 Top Sixteen Real Property Preliminary Values of Exemptions
Mandatory Exemptions Value in $
Government Exempt Value 5,810,109,100
ANSCA Native Exempt Value 601,188,000
Senior Citizen Exempt Value 304,490,200
Religious Exemption 75,841,600
State Exempt Educational Exempt Value 65,581,900
Native Allotment (BIA) Exempt Value 28,684,900
University Exempt Value 26,325,400
Charitable Exempt Value 22,995,300
Disabled Veteran Exempt Value 21,334,300
Senior Contiguous Exempt Value 20,493,600
Mental Health Trust Exempt Value 16,122,000
Housing Authority Exempt Value 15,404,700
Electric Co-Op Exempt Value 15,289,000
KPB Optional Exemptions Value in $
OP 20k Residential Exemption 186,728,700
OP >150k Senior Exemption Borough Only 146,289,700
OP Community Purpose Exempt Value 23,141,800
Taxable Property Values in Service Areas
Service Area Real Property Personal Property Oil & Gas Properties Service Area Total
Anchor Point Fire & EMS SA 180,223,000 932,659 1,324,090 182,479,749
Bear Creek Fire  SA 114,165,300 1,931,196   116,096,496
Central Emergency  SA 1,798,902,717 71,890,739 68,073,200 1,938,866,656
Central Kenai Peninsula Hospital SA 2,589,978,717 127,845,085 540,625,100 3,528,448,902
Central Peninsula Emergency Med SA 4,439,800 2,497,499   6,937,299
Kachemak Emergency  SA 284,112,200 1,664,287   285,776,487
Road Service Area 2,974,866,450 100,670,803 588,276,920 3,663,814,173
Kenai Peninsula College SA 4,561,327,479 191,494,377 607,052,230 5,359,874,086
Lowell Point Emergency SA 7,732,500     7,732,500
Nikiski Fire  SA 642,885,200 34,027,580 453,776,590 1,130,689,370
Nikiski Senior  SA 596,845,500 32,154,527 448,797,890 1,077,797,917
North Peninsula Recreation  SA 642,885,200 34,384,134 457,696,690 1,134,966,024
Seward/Bear Creek Flood  SA 315,610,200 24,226,960   339,837,130
South Kenai Peninsula Hospital  SA 1,172,607,362 32,052,624 66,427,130 1,271,087,116
Service areas are established by Ordinance following approval by the voters living within the area to be serviced and taxed for the services.  Each service area has an elected board to advise the KPB on management issues.  Taxes are collected, and the area is managed by the KPB.  Service areas may overlap.
   Single Family Housing Starts       Housing Markets     Rentals     
Property Values/Exemptions     Land Ownership     Mill Rates     Top Taxpayers 
Rental Market -  2006, 2005, 2004, 2003, 2002, 2001, 2000   
Construction Costs - 2005, 2004, 2003, 2002, 2001, 2000  
Top Tax Payers - 2006, 2005, 2004, 2003, 2002, 2001   

KPB PERMIT ACTIVITY   Value by Quarter   Area   Type      Volume by Quarter  Area  Type
Homer Value  Volume    Kenai Value  Volume    Seldovia Value  Volume    Seward Value  Volume    Soldotna Value  Volume

          CONSTRUCTION INDUSTRY SALES     KPB     Homer     Kenai     Seldovia     Seward     Soldotna     Other KPB
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