A clerical error in calculating the “base value” on some open space in Eagle’s urban renewal district has resulted in about $8,000 in taxes being diverted away from the Eagle City general fund and other taxing units, based on a revelation uncovered Tuesday.
Seems that a parcel of land was split and split again in rapid succession, which caused an appraiser to improperly assign a “0” base value for the 2009 and 2010 tax years–which resulted in the nearly $8,000 in taxes going to urban renewal instead of the city general fund.
Ada Assessor Bob McQuade said his office was notified of the error by an independent appraiser who stumbled across the situation in the course of doing a private appraisal. McQuade provided the $8,000 approximate figure based on the tax levy for the land.
This type of misdirection of tax revenues can happen when bare ground is subdivided, annexed and then designated as “urban renewal” land faster than the system can keep up with the moves.
To correct the error, the GUARDIAN thinks the simple answer would be for the urban renewal agency to fork over the undeserved cash to the city. Actually the other taxing districts like Meridian Schools, ACHD, and Ada County each should get their portion of the diverted taxes as well.
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