Re: Idaho, Time for Property Tax Revolution
The property value is a tool to distribute the total tax for the taxing district among the district property owners.* If all values went up 200% the slice of the pie that each pays doesn't change.* Property values in and around Boise have gone up a lot these last couple years.* I'll bet the assessor's office hadn't run the numbers for ages.
What property owners need to watch is relative value, and the number of exempt properties.* In your corner of the world check to see if there are tax exempt non-profits/charitable orgs owning income producing property - the old tax shifting 'game'.