State law allows taxing districts option to raise taxes

State law allows taxing districts option to raise taxes

by
Mitch Coffman
July 31, 2012
Mitch Coffman
July 31, 2012

Taxing districts in Idaho each fiscal year have the option of raising taxes by a maximum of 3 percent, according to a story in the Twin Falls Times-News.

There is also another provision for districts referred to as a foregone balance. When taxes are not raised as allowed by law, a district may collect the difference between what it is allowed to levy and it actually did levy.

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