Comments on: Land Board Gets Out Of Future Commercial Deals

By: Gonzales

Gonzales — Thu, 27 Feb 2014 23:42:17 +0000

OK they are out of commercial; for now. When will they take action i.e. sell or trade, the $800 million dollar asset – Grazing Land that returns less and .5% per year. AUM’s are 1/3 what they are in the private sector enabling crafty arbitrage of state endowment assets.

If these assets were earning what the Timber and stocks & bond produce, the endowment would have another $50 to $60 million PER YEAR for the schools and hospitals. In the last decade they left half a billion dollars on the table. All I ever hear about is the 49th place ranking in Education ……. nothing about how to find the money to begin to fix the problems.

Travesty Sham , Mockery = Triva – shaam- mockery – Time to replace each and EVERY LB member NOT only Luna and Ysursa , round em all up – Otter, Woolfe and Wasden – time to go.

By: Flyhead

Flyhead — Thu, 20 Feb 2014 17:29:42 +0000

Grateful note to Bob Forrey:
Hi Bob, and thank you so much for your efforts at getting the ILB to come to its collective senses and to quit competing with local businesses unfairly. They operate on a tax free basis and local businesses can’t compete when they are forced to comply with all manner of tax burdens.

The constant pressures you put in this from every angle you could bring to bear are not fully understood by the average person. Your unrelenting trips to the Legislature, speaking out in any forum that would listen finally got the job done.

By: Easterner

Easterner — Wed, 19 Feb 2014 19:38:31 +0000

Maybe the city of Boise could learn from the Land Board.

By: Robert Forrey

Robert Forrey — Wed, 19 Feb 2014 18:47:07 +0000

Dave, on the surface the suspension sounds good, however, to suspend is to interrupt,postpone,or defer.
I believe the Board’s suspension will only last until after this year’s election. Then they will be right back at it.

By: Retired Citizen

Retired Citizen — Wed, 19 Feb 2014 15:53:53 +0000

Finally the land board does something that makes sense but keep your eye on the ball. Competing with the private sector is done in many ways. For example, the land board just completed yet another round of appraisals for Payette and Prieat lakes (roughly 340 appraisals). They used an appraisal company based in Missoula MT who works primarily in Montana and Wyoming. More importantly, they didn’t use local appraisers,one of which who has extensive experience in the area and has been used by IDL for many years. Simply put -Idaho tax payer dollars used to support Montana citizens.

By: chicago sam

chicago sam — Wed, 19 Feb 2014 12:24:54 +0000

Sometimes it takes a 2X4 to get the attention of a mule and an upcoming election to get the attention of elected politicians.