When the Fairbanks City Council sets its 2025 property tax mill levy on Monday, it will have to weigh how to address paying for part of an $11.5 million settlement approved in March. City property taxpayers could see a noticeable bump on their property tax bill because of that mill rate increase.

The city’s tax revenue cap limits how much it can normally collect from property taxes. However, a few items are exempt from the tax cap, including new construction, bonds, and claims and judgments related to settlement claims.

The Fairbanks City Council agreed to settle with Marvin Roberts in March for $11.5 million following a nearly eight-year wrongful conviction lawsuit. Roberts, along with George Frese, Eugene Vent and Kevin Pease, was arrested for and found guilty of the 1997 death of John

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