Property tax bills arrive in Idahoans’ mailboxes across the state this week, and in most counties, taxpayers will see huge reductions in year-over-year taxes due to the historic property tax relief bill the Idaho Legislature and I championed this year.
The average reduction in property taxes for Idaho homeowners is approximately 18-percent.
The average reduction in property taxes for all property taxpayers, including commercial, is nearly 14-percent.
Idaho already has the third lowest property taxes in the country, and we took steps this year to lower them further. Idaho has delivered more tax relief per capita than any other state, and we’re proud to turn money back to the hardworking people of our state while making critical investments in schools and infrastructure to keep up with growth.
Working together, we got property tax relief done right and delivered $314 million in enduring property tax relief in the first year as part of House Bill 292.
More than $106 million in state General Fund dollars was deployed at the end of August to school districts across Idaho.
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