ADVERTISEMENT
Advertise Here

Huckleberries Online

Business Review: Sims Still Targets LCDC

Item: Too much renewal, not enough blight: Legislative committee studies urban renewal agency reform/Lara Volkert, Idaho Business Review

More re: Kathy Sims: LCDC is growing fat on the tax increment from those wealthy districts, she said. It gets the entire taxable value of anything new built in those districts, she said, and it receives a hefty chunk of taxes from older businesses that were built in those areas before the districts were created, based on property value appreciation since the district’s creation. Sims’ business, Coeur d’Alene Honda, is one of those older businesses. She said she pays $15,000 in property taxes, and $9,000 of that goes to LCDC.

Question: You thought the anti-LCDCers were going to quit after their defeat in the Coeur d’Alene city elections?


Please keep it civil. Don't post comments that are obscene, defamatory, threatening, off-topic, an infringement of copyright or an invasion of privacy. Read our forum standards and community guidelines.

You must be logged in to post comments. Please log in here or click the comment box below for options.

comments powered by Disqus
« Back to Huckleberries Online

Get blog updates by email

About this blog

D.F. Oliveria is a columnist and blogger for The Spokesman-Review. Print Huckleberries is a past winner of the Herb Caen Memorial Column contest by the National Association of Newspaper Columnists. The Readership Institute of Northwestern University cited this blog as a good example of online community journalism.

Find DFO on Facebook

DFO on Twitter

Betsy Russell on Twitter

HBO newsmakers Twitter list

Latest comments »

Read all the posts from recent conversations on Huckleberries Online.

Take this week's news quiz ›
Search this blog
Subscribe to this blog
ADVERTISEMENT
Advertise Here