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In order to achieve this, some information has been truncated; for example, tax and assessment history is limited to the past five years.

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Summary
PANPhysical DescriptionNeighborhoodFire Service Area
464856TL 1 AIRPORT TERMINAL ADA 32507F TERM EXPIRES 6/30/2033 ADA 31885F TERM EXPIRES 6-30-2023 PREVIOUSLY ASSESSED AS 90122 AIRPORT TERMINAL1503 - Specialty (Non Area-wide)
Property ClassTax StatusBusiness
CommercialTAXABLEALASKA AIRLINES
Land AreaMillage GroupMillage Rate

GATE 1 - 32,200 Square Feet

GATE 2 - 32,200 Square Feet

ROOM 1004 - 1,095 Square Feet

ROOM 1005 - 2,499 Square Feet

SPACE T1010 - 8 Square Feet

ROOM 1600A - 3,615 Square Feet

ROOM 1600B - 646 Square Feet

ROOM 1602 - 99 Square Feet

ROOM 2403 - 2,333 Square Feet

SPACE T1000 - 8 Square Feet

SPACE T1001 - 8 Square Feet

SPACE T1002 - 8 Square Feet

SPACE T1011 - 8 Square Feet

SPACE T1003 - 8 Square Feet

SPACE T1004 - 8 Square Feet

SPACE T1005 - 8 Square Feet

SPACE T1006 - 8 Square Feet

SPACE T1007 - 8 Square Feet

SPACE T1008 - 8 Square Feet

SPACE T1009 - 8 Square Feet

SPACE T1012 - 8 Square Feet

SPACE T1013 - 8 Square Feet

SPACE T1016 - 8 Square Feet

ROOM 1604 - 349 Square Feet

ROOM 2402 - 2,332 Square Feet

SPACE T1017 - 8 Square Feet

SPACE T2300 - 8 Square Feet

0515 - AIRPORT12.852
Street AddressBilling AddressChild PropertiesParent Properties
PO BOX 68900
SEATTLE WA 98168-0900
176508
Documents
DescriptionRecord DateBookPageInstrument
Record Survey2024-05-242024-005307-0view
Public Notice2016-06-13
Lease2001-10-19
Lease2001-07-01
Assessment History
YearLandImprovement ValueFull Value Total
2025$432,130.00$2,949,181.00$3,381,311.00
2024$432,130.00$3,167,859.00$3,599,989.00
2023$59,630.00$437,133.00$496,763.00
2022$114,842.00$841,885.00$956,727.00
2021$165,965.00$1,216,659.00$1,382,624.00
Tax History
YearTax LeviedState ExemptionsInterestPenaltyFeesTotal DueTotal PaidNet DueShow Details
2025$43,456.60$0.00$0.00$0.00$0.00$43,456.60$43,456.60$0.00
2024$46,058.26$0.00$0.00$0.00$0.00$46,058.26$46,058.26$0.00
2023$6,276.10$0.00$0.00$0.00$0.00$6,276.10$6,276.10$0.00
2022$13,806.52$0.00$0.00$0.00$0.00$13,806.52$13,806.52$0.00
2021$22,220.14$0.00$0.00$0.00$0.00$22,220.14$22,220.14$0.00
How Taxes are Calculated

In the Fairbanks North Star Borough, taxes are set by four different tax areas: the borough itself, the city of Fairbanks, the city of North Pole, and service areas. All properties will be taxed by the borough, but whether the other three apply depends on the property's location.

Service Areas

Some properties are within a fire and/or road service area. For more information on road service areas, see the Rural Services page on our website. For information on fire service areas, see this page.

Exemptions

When calculating taxes, tax areas are processed individually. Each area can choose what exemptions to allow, and apply special rules. For example, the Borough Residential Exemption normally exempts up to $50,000. But service areas limit that exemption to $10,000.

For technical reasons relating to the software that calculates the taxes, not all exemptions are shown here. In these cases, the exemption has already been applied, and the Full and True Value reflects the lowered amount.

Tax Authorities

Within a tax area, taxes are categorized by what they fund. We call these categories "Tax Authorities", and each one has a millage rate.

Millage Rate

The millage rate (or mill rate) is a standard way of expressing property taxes. 1 mill is equal to $1 in taxes per $1,000 in taxable assessed value. To convert to a percentage, divide the mill rate by 1,000. For example, a mill rate of 0.584 is 0.000584 percent.

Learn More

Contact the Treasury and Budget Division if you need more information. You can also view the full tax code online.