Eagle City Council votes not to increase property tax levy rate

Published: August 22, 2012 

The Eagle City Council Tuesday night voted not to increase the property tax levy rate next year.

Even though the levy rate will not change, some property owners may pay more, or less, in property taxes if their property’s assessed value increased, or decreased, in 2012.

For its public hearing, the city had presented four property tax revenue scenarios ranging from keeping the current levy rate to collecting the maximum amount allowed by law. Under the latter scenario, the city’s taxes on a home with $250,000 taxable value would increase from 223.80 to 348.75 annually, according to information provided by the city.

The city wanted to get public input on raising property taxes next year to generate an extra $1 million, which would go toward purchasing city hall.

The city leases the city hall building, it owns the land on which it is built.

Of the 40 people who attended Tuesday’s hearing, about a dozen spoke before the council. Nearly all agreed the city needs to stop leasing city hall. About half supported raising property taxes to pay cash for it; others supported using bonds to purchase it, which would require a two-thirds majority vote.

Order Reprint Back to Top

Top Jobs

View All Top Jobs

Find a Home

$1,150,000 Boise
5 bed, 5 full bath. First time on the market in coveted ...

Find a Car

Search New Cars
Ads by Yahoo!