What will this new
taxing district cost you? Those who live in Twin Falls County,where the College of Southern Idaho is located, pay $98.21 per year per $100,000 in taxable
value. If you own property in Twin Falls County you could be paying hundreds each year for that college's taxing district. For us in Bonneville County we are told that if we just vote “yes” to
start a new taxing district here we will be charged a “teaser” tax rate of about $14 per year in new taxes per $100,000 in taxable value. This makes you wonder just how soon our new rates will
be raised to match what the people in Twin Falls have to pay. Hold on to your wallets folks. New taxes are coming if this passes May 16th! Just how high these taxes will go up to in
the future might surprise all of us! We were just told that one Twin Falls resident said his property taxes for their college has tripled since the taxing district has started.
A few years ago in the
Nampa area the voters created a taxing district to start the College of Western Idaho (CWI). Their taxes continue to go up. Last year their college board raised taxes to give pay raises
to some of their staff. Additionally they asked their tax payers to raise their property taxes in November to pay for a $180,000,000.00 bond and the taxpayers said no way! You can read
about taxpayer frustration in this newspaper article here CLICK HERE.
Does anyone really think that this May 16th tax request will be the last one Bonneville County residents will ever be hit with from this college?
We also feel it is wishful thinking when those on the yes side say property owners in nearby counties will gladly raise their taxes so that their few students
can pay a few bucks less per credit hour when their county joins our taxing district. This seems almost laughable to us!