To Act In Haste Would Be Unfair
All of us would love a cabin on Lake Coeur d’Alene. Or Pend Oreille. Or Hayden. But most of us can’t afford the taxes from the rapidly increasing assessments on lakeshore properties - never mind their purchase prices.
So, we buy a boat on “easy” monthly payments or join the sunburnt masses at Lake Coeur d’Alene’s north shore.
That’s how things work in resort communities.
Yet, some Priest Lake cabin owners are upset that the state of Idaho wants to charge fair market value for their cabin sites. Many of them, faced with a proposed annual lease hike of 200 percent to 300 percent, are afraid they will have to sell their cabins - if they can find buyers.
It’s hard for the have-nots to sympathize when a problem like this faces these haves. But the cabin owners deserve credit - and a temporary reprieve - for upgrading and maintaining their lots over the years. The Land Board, however, has a better reason yet for scaling back the dramatic hikes proposed for next year.
A miscalculation by the Land Board five years ago set up this month’s showdown with Priest Lake cabin owners in Boise.
The board goofed when it set lease rates at 2.5 percent of the 1992 market value and then slapped a 5.3-percent cap on annual increases for the next 10 years. State officials failed to figure in the effect of soaring property values around North Idaho lakes - up to 60 percent on Priest Lake cabin sites over one four-year period. As a result, lessees now are paying about 1 percent of market value.
Unquestionably, that rate violates the state constitution. Idaho law requires that public land be managed for a maximum return to the school endowment fund. While other states charge 2.5 percent to 5 percent to lease public lands, Idaho schools are losing $1.9 million per year.
Ultimately, the Land Board should allow a reasonable amount of time to raise lease rates to 2.5 percent of market value. A proper phase-in schedule will give leaseholders, who for years have enjoyed unparalleled views and lake access at discount rates, time to sell their cabins if they must do so.
The Land Board, meanwhile, should revisit grazing fees, too. Something’s not right when the state makes more money off 3,200 acres devoted to cottage sites than it does off nearly 2 million acres of grazing land.
Idaho’s school children should be the top priority.
, DataTimes The following fields overflowed: CREDIT = D.F. Oliveria/For the editorial board