We told you so. The Post-Register has an opinion up pointing out the ongoing damage to Idaho schools caused by Jim Risch’s revenue swap from property to sales taxes. Their funding has been destabilized, and we may well start seeing school district seeking new bond/revenue measures. Julie has more here. Also, Kevin Richert notes that the budget cutbacks to education may well require school districts to try to seek more property tax revenue/IdaBlue. More here.
Question: Do you agree with IdaBlue that Jim Risch’s revenue swap from property to sales taxes is a crucial element in the revenue shortfall hamstringing Idaho schools today?
Sisyphus on March 19 at 1:19 p.m.
No question about it.
Arpie on March 19 at 3:23 p.m.
The case seems rather clear. While I ‘m glad my property taxes go down, every time I see Luna’s list of ten bad ways to cut the education budget, I realize the cuts wouldn’t be as much if the money still came from that tax.
JamesBond on March 19 at 10:49 p.m.
Uh, property values are falling like crazy. This is a claim that needs to account for that, and it is a pretty technical claim to make. I suspect local governments are going to be hurt a lot next year, although assessors might try to avoid lowering assessments as much as they should.