Idaho

Eight years ago, Idaho's Republican leadership made you a promise. They would reduce your property taxes while taking care of your schools. Too bad it didn't work out that way. During his brief stint as Idaho's interim governor in 2006, U.S. Sen. Jim Risch ramrodded to passage a tax shift - repealing the property tax that then provided schools with $260 million and replacingit with a penny increase in the sales tax that generated only $210 million. Then his successor, Gov. C.L. (Butch) Otter, cut school budgets even more to free up cash for tax cuts. The result, Idaho Education News' Kevin Richert reports, has been $1 billion worth of supplemental property taxes school patrons have implemented to backfill some - but far from all - of the schools' losses during the past eight years/Marty Trillhaase, Lewiston Tribune. More here. Read More

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"Yes, It's been 122 years," Treasure Valley Family YMCA Executive Director Jim Everett told Boise Weekly. "We filed for the tax exemption this year, the same way it has been for 122 years." Read More

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St. Luke's Regional Medical Center has filed an appeal after it was denied property tax exemption by the Canyon County Commissioners for parcels in Nampa. Read More

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Ada County residents may see a huge jump in their property values now that assessments are out. Many may question if the appraisals are correct, but the Tax assessor said it's the land that's driving up the values. Read More

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Three panelists at the Associated Taxpayers of Idaho conference today are addressing the state’s new partial personal property tax exemption for business property, which exempts up to $100,000 in value per taxpayer, per county. “A lot of people thought, $100,000 per taxpayer per county, how simple could that be?” said Steve Fiscus, property tax division manager for the Idaho State Tax Commission. But, he said, “It’s not as simple as it could be.” Read More

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City officials here are asking voters to approve a 22 percent increase in city property taxes this year, despite recent construction trends that could boost revenues and postpone the need for further budget cuts. Read More

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Property taxes for Chicago Public Schools will rise on bills that come out next week, but the rates paid by city homeowners still will be lower than in all but a few suburbs, new data obtained by the Tribune show. Read More

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The Fremont County assessor is being investigated by the Idaho State Tax Commission. Read More

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Property values in Canyon County are up. In fact, they're the highest they've been in years. The average across the county is pretty good and the assessed property values increased about five to six percent. It’s not such great news in Wilder and Middleton where they've actually seen a slight decrease. Read More

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Most of the increase can be attributed to an adjustment in the homeowners exemption," he said, adding that the maximum homeowners exemption was reduced this year to $81,000 from $83,974 last year. Read More

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Nearly 90 percent of Idaho's businesses will no longer have to pay taxes on their computers, tables, chairs and other personal property, if Gov. C.L. "Butch" Otter signs a $20 million tax relief bill that's now cleared the Senate. Read More

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On Tuesday afternoon, the Idaho House passed a bill that would exempt personal property tax for 90 percent of Idaho businesses. Read More

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The House has voted 67-2 in favor of HB 315, the new business personal property tax relief bill. The only dissenters were Reps. John Gannon, D-Boise, and Shirley Ringo, D-Moscow. Rep. Hy Kloc, D-Boise, missed the vote. Read More

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The House Ways & Means Committee has voted unanimously to introduce the new personal property tax bill from the Idaho Association of Counties; the new bill has a total cost to the state of $20 million a year. Read More

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The competing personal property tax bills that were introduced last week have both been removed from Thursday’s agenda. Read More

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The House Revenue and Taxation Committee voted this morning to introduce a second personal property tax bill, this one supported by the Idaho Association of Commerce and Industry (IACI), which represents business interests in the state. In doing so, the committee has set itself up for big decisions about whether and how to address the increasingly controversial tax this session. Read More

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No bill has even been introduced yet to repeal Idaho's $141 million personal property tax on businesses. But one potential beneficiary aims to kick-start debate by putting its tax savings where its mouth is. Read More

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