While it makes sense to consolidate State of Idaho offices in a single campus, Ada and Boise taxpayers will take a hit of at least $1.5 million per year in lost tax revenue currently paid by Hewlett
HP built the 92-acre HP campus at 11311 W. Chinden Boulevard beginning in 1980.
Current state code has no mechanism to charge property tax on government-owned property–even if it is used for commercial purposes. That little wrinkle was one of the factors prompting the land board to sell more than 20 rental parcels in downtown Boise, including Ten Barrel Brewing on Bannock.
The state ran out of space when St. Luke’s Regional medical center bought the old Morrison-Knudsen Plaza at Broadway and Park Blvd. where the Tax Commission was housed along with Fish and Game. Again, another hit for taxpayers because the hospital is a non-profit and pays no property taxes.
With the government, CCDC, and hospitals owning everything it won’t be long before most of the land in the city will not produce any revenue.
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