We would eagerly welcome a $30,000,000 investment by regional airline SkyWest to build a maintenance facility in Boise as announced by Mayor Dave Bieter Friday.
Taxes on a $30 million structure could amount to more than $500,000 a year for Boise Schools, ACHD, Ada County, and Boise City. But it is unlikely it will happen. While those taxes would offset expenses for schools and related public services for the increased work force, the more logical scenario will deny citizens of any revenue from such a facility.
Team Dave worked hard to pass an amendment to the Idaho Constitution which allows the airport to go into debt without permission of voters. Businesses–like airlines, repair shops and air freight carriers–currently build and own their facilities on airport property and PAY TAXES.
If the city builds the new facility, SkyWest would pay rent, but no taxes. Sounds like a small detail, but everyone (except SkyWest) loses in a deal which will be sold as a “win-win public-private partnership.”
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