County sending out property taxes
SANDPOINT — Bonner County’s 2023 property taxes are being mailed to property owners right now, but Bonner County Commissioner Luke Omodt told residents to not stress about higher property assessment values as that will not necessarily mean higher taxes this year.
“Idaho is a state based on budget,” he said. “It is not based on your assessment. So while my assessment went up roughly 20% … my taxes actually went down.”
The reason for that, county Treasurer Clorissa Koster said, is due to new property tax relief from House Bill 292 that was passed by the Idaho Legislature earlier this year. Because of this, many property owners are seeing their tax bills decrease even though their property’s assessed value has increased. An insert was put into each tax bill mailed out explaining how the relief works and how it correlates to the owner’s bill, Koster said.
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