Here's some insight into why the Land Board yesterday extended current state-owned lake cabin site rental rates for another year before kicking in a big increase, from 2.5 percent of value to 4 percent of value, in 2012: State law requires six months notice to the lessees of rent increases. They'd already been notified of the proposed phased-in rent increases in proposed new leases that were to start Jan. 1, but a judge blocked those new lease terms with a preliminary injunction. Now, the state needs to give notice again of the larger increases proposed after the one-year extension.
Interestingly, the result for next year is not a rent freeze: Rents actually will rise an average of 5.37 percent. That's because they're not really at 2.5 percent of value now due to rent freezes for the past three years at Payette Lake and the past two years at Priest Lake.