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Meridian Mayor Robert Simison says the Idaho Legislature made a poor decision about property taxes, and Meridian taxpayers are being forced to pay for it.
Most of the $76.5 million will be directed to a property tax relief account, while the rest will go to the school relief fund, spokesperson Madison Hardy told the Idaho Statesman by email.
A type of the Lot and Block system is frequently used for tax identification purposes in the United States. This designation, often called a Tax Identification Number or Tax Parcel Number, is not directly based on the legal description of the property. The system can be used even if the property is not legally described by the Block and Lot system.
Initial estimates forecast between $205 million and $335 million in relief from House Bill 292.
Meridian is a city located in Ada County, Idaho, United States. The population was 117,635 at the 2020 census, [4] making it the 2nd most populous city in the county and Idaho after Boise, the state capital. Meridian is considered the state's fastest-growing city and among the fastest-growing cities in the United States. [6]
The Idaho Property Tax Relief Act of 2006 was passed on August 25, 2006. [1] It was proposed by Idaho governor Jim Risch to be addressed in a special session of the Idaho Legislature. The legislation would do the following: Reduce property taxes by $260 million by eliminating the public schools maintenance and operation levy on Idaho real property.
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