Comments on: Simplot JUMP Gets $1 million Tax Break

By: Murphy

Murphy — Sun, 17 Apr 2016 14:52:36 +0000

Response to Flyhead. It is not a tax shift if the property is never assessed or taxed. A shift only occurs when a taxable property becomes exempt, then the original value and the taxes remain in the base.

By: Flyhead

Flyhead — Sat, 16 Apr 2016 04:05:10 +0000

Just one more sleight of hand by the good people at Simplot. Once again they prove they are the smartest people in the room. Just another tax shift onto the backs of the homeowners in Boise and Ada County.

By: J Smith

J Smith — Sat, 16 Apr 2016 00:09:17 +0000

Sharon Ullman for Ada County Commissioner signs popping up everywhere, maybe she’ll save us!

By: Clancy

Clancy — Wed, 13 Apr 2016 20:33:09 +0000

I assume this is for just the JUMP building and the parking garage attached to it.

-Will the headquarters next door and the parking garage underneath the outdoor plaza be subject to taxes?
-Are there two parcels of land – one for the foundation and one for corp?
-How much of that $1M would of gone to CCDC vs. tax districts?

Seems this could be similar to the YMCA recent property tax question.

In other news….Simplot is linked to the Panama Papers. It may be under “legal” purposes as it was for a business in Indonesia and a partner in Austrailia.

EDITOR NOTE–The tax break is ONLY for the JUMP project. The underground parking is a “condominiumized” parcel and is subject to tax. Since the project is within the urban renewal district, the tax on the value of the building would have been diverted to CCDC. The original land value would have been the “base” and the improvements would be the “increment” (lowered to $40 million from $62 million by the Ada BOE). The State Board of Tax Appeals exempted the entire value. We are unaware of any of the Panama Papers.

By: Yossarian_22

Yossarian_22 — Wed, 13 Apr 2016 17:02:46 +0000

I took one of those tours and it seemed like a fantasy sci-fi prop for a new movie set. Planet of the Shapes might be the theme here. I have no idea how well the ostensible incubation concept will work to providing jobs in a world where the FED and banks are ZIRPing and NIRPing us into debt oblivion. There is no more REAL economy if we just see borrowed money being recycled thought the stock market over and over again. Wages are stagnant and growth is crawling or nil for most. Several friends of mine have closed or are closing their small businesses this year. The Aura of the Digital Machine is where immaterial wealth is being created, based on the pretext that we can all eat 1s and 0s for our daily bread. Something real must represent wealth. I don’t see it.

By: Emily

Emily — Wed, 13 Apr 2016 13:19:39 +0000

Short sighted on part of Ada County. The incompetency of the current commission continues to rear its ugly head. It’s time for the corrupt “leaders” of this county to move along. Especially tea party backed Case.

By: Tax All Non-Profits

Tax All Non-Profits — Wed, 13 Apr 2016 05:29:29 +0000

Not willing to trash on the JUMP building. At least they didn’t scam a way for the city to pay for construction too… and it looks a lot like many museums do… which is what it is… It’s a museum of Jack’s life. Idaho was a great State once upon a time because of about a dozen big men like JR Simplot. (But gotta tax all but the community service side of it for sure.)

By: Bucko

Bucko — Wed, 13 Apr 2016 01:55:28 +0000

the designer was a ‘she’.

By: J Smith

J Smith — Wed, 13 Apr 2016 01:32:37 +0000

The JUMP Center should be taxed just based on how ugly it is, and what a massive waste of resources it represents. They could have built a structure with 10 times the interior square footage with all the concrete and steel they used. It looks like 20 different buildings were somehow fused together in a totally random pattern. A builder friend thinks flat roofs will all be riddled with leaks. Makes me wonder if the designer was on acid when he conceived the idea…

By: Easterner

Easterner — Wed, 13 Apr 2016 00:53:01 +0000

JUMP,
St Lukes
St Als
BSU
CWI
UofI
Churches
YMCA

Who is going to pay all those property taxes not being paid by the giant “nonprofits”?
Oh yeah….