OPINION: Proposition 14 is an investment in the Anchorage economy – and our kids

The need for affordable child care in Anchorage is critical and must be addressed. Our economy is suffering because of a lack of child care options, and finding care that doesn’t bust family budgets is even more of a challenge. This reality compels us to support Proposition 14.

The lack of available child care in Anchorage is driving Anchorage parents and caretakers out of the workforce. This impact on our economy is measurable: The U.S. Chamber Foundation estimates that Alaska loses $165 million of revenue every year because of inadequate child care services. It’s therefore not surprising that 40% of Alaskans reported in a recent survey that someone in their household left or declined to take a job in the past year because of child care challenges. That hurts business owners and their employees, as well as consumers. And it hurts residents when government employers can’t attract a robust workforce and provide public safety or other critical services we all need. It also costs families real income, as families who can access child care earn up to $41,500 more annually.

Our state and federal leaders have been exploring solutions to this critical problem, and for that we are grateful. Proposition 14 gives us the opportunity to improve our local economy ourselves in the meantime, getting a head start on any solutions and slowing the outflux of working-age Anchorage residents.

Proposition 14 would dedicate existing, local marijuana tax revenue to child care and early education programs. That amounts to around $6 million a year – or about 800 additional preschool spots. The funds would pay for programs that make child care more affordable to families, stabilize the child care sector, improve early literacy, and prepare children to perform better in school at an earlier age. Both private and community-based providers would be eligible for funding under Proposition 14.

Some folks have raised questions about Proposition 14′s impact on city revenues and core public services. Those questions were thoroughly vetted during the year-long process that went into developing this proposition. The Municipality of Anchorage’s fiscal situation is stable and strong, and dedicating these funds will not impact city services. Proposition 14 also lowers the tax cap by $1 million. The Anchorage Assembly unanimously voted to place Proposition 14 on the ballot, and it has since won broad bipartisan support.

Beyond the economic benefits, Proposition 14 is good for our children. Early childhood education – often provided via child care – boosts brain development, reduces negative childhood experiences, and leads to success in school and adult life. Investing in kids now makes financial sense, because we’ll spend less on remedial education and the justice system later.

We are all proud to support Proposition 14, and encourage Anchorage voters to join us in voting yes.

Kati Capozzi is a resident of Eagle River.

Austin Quinn-Davidson is an Anchorage Assembly member representing West Anchorage.

Kevin Cross is an Anchorage Assembly member representing Eagle River/Chugiak.

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