From Trustee Mic Armon re: claims by challengers Paul Matthews and Todd Banducci that North Idaho College taxes increased by 107% between 2007 and now:
Regarding the statement that both Paul & Todd use in their campaign flyers that “The current NIC Board has doubled our tax rate since 2007; a 107% increase in the middle of a recession”. Here are the actual facts: Property Taxes paid by residents of Kootenai County in FY2007 $7,994,105. Taxes paid in FY2012 $13,364,250 ($2,380,000 was foregone taxes taken to fund the purchase of the Ed. Corridor) Total increase since 2007 with the purchase of the Ed. Corridor is equal to a 67% increase, but total to educational funding ( minus the cost of the Ed. Corridor) is 37%. The idea of doubling or 107% increase is totally false. Also in that same time frame, the enrollment increased by 2237 students or 46%, and tuition increased by 53%
D.F. (Dave) Oliveria joined The Spokesman-Review in 1984. He currently is a columnist and compiles the Huckleberries Online blog and writes about North Idaho in his Huckleberries column.
doubled our tax rate since 2007; a 107% increase in the middle of a recession”. Here are the actual facts: Property Taxes paid by residents of Kootenai County in FY2007 $7,994,105. Taxes paid in FY2012 $13,364,250 ($2,380,000 was foregone taxes taken to fund the purchase of the Ed. Corridor) Total increase since 2007 with the purchase of the Ed. Corridor is equal to a 67% increase, but total to educational funding ( minus the cost of the Ed. Corridor) is 37%. The idea of doubling or 107% increase is totally false. Also in that same time frame, the enrollment increased by 2237 students or 46%, and tuition increased by 53%
