Kootenai County Levy Rates Going Up
Item: Levy rates going up: Official: Increases due to plummeting property values, not a cash grab/Alecia Warren, Coeur d'Alene Press
More Info: Levies for most taxing districts in Kootenai County have increased this year, according to a list of levy stats just approved by the state. That doesn't mean that the county's 44 districts are trying to rake in cash, said David McDowell, Kootenai County finance director. The across-the-board hikes are only due to plummeting property values, he said, pointing out that the county's overall assessed value dropped $897 million from 2010.
Question: Are you okay with the increased levy rates, given the drop in property value?