Boise’s Urban Renewal Agency–CCDC– seeks to double the acres where property taxes are diverted away from City, County, ACHD, and Schools with a new District in the 30th Street area. They will have to hustle to get ahead of growing opposition. The Daily Paper has a DETAILED REPORT.
Even the Republican Party has a plank to bring the UR agencies into line with a state constitutional requirement that local governments must seek voter approval for debt. Current law declares urban renewal agencies to be “independent bodies corporate and politic.”
Once a district is created–usually by a city council–all the taxes on improvements and appreciation are diverted from the coffers of cities, counties, school and highway districts. Meanwhile the rest of the taxpaying public living OUTSIDE the district has to make up the lost revenue.
Worst of all, urban renewal districts have NO OVERSIGHT of any elected governmental body and are totally apart from cities, counties or the State after they are created by a city council.
Nearly all the taxes are diverted from BoDo, the Grove Hotel, and all of the downtown towers built in the past 25 years. The widow on fixed income, families, and others are forced to make up the shortfall in taxes to pay for the police, fire, and municipal services to the area within the urban renewal district.
It may be a noble cause to “renew” blighted areas, but it should be done with assent of those of us who pay the bills and not serve to benefit a select number of developers as is often the case.
To insure more advertising-free Boise Guardian news, please consider financial support.