THE COST OF URBAN RENEWAL IN CANYON COUNTY (every property owner in the county gets to pay for urban renewal, even if you don’t live in a defined UR district)
I was recently asked what the cost of Urban Renewal was in Canyon County. The results of the research are as follows:
If you are a taxpayer living in the County and not within the cities of Caldwell, Nampa or Middleton your property taxes per $100,000.00 of assessed value are *$88.41 higher than they would be if Caldwell, Nampa and Middleton were not using your tax dollars for Urban Renewal Projects.
If you live within Caldwell your property taxes per *$100,000.00 of assessed value are $210.14 higher than they would be if Caldwell was not using your tax dollars for Urban Renewal Projects, and when the county share of the 3 districts $88.41 is added the taxes are then $298.55 per $100,000.00
If you live within Nampa your property taxes per $100,000.00 of assessed value are $37.46 higher than they would be if Nampa was not using your tax dollars for Urban Renewal Projects, , and when the county share of the 3 districts $88.41is added the taxes are then $125.87 per $100,000.00
If you live in Middleton your property taxes per $100,000.00 of assessed value are $4.75 higher than they would be if Middleton was not using your tax dollars for Urban Renewal Project, , and when the county share of the 3 districts $88.41 is added the taxes are then $93.16 per $100,000
Total of your taxes paid to Urban Renewal Agencies in Canyon County during 2010 is $9,980,268.13And still they spend money on quick and short jobs, so they don't have to hire more unemployed people Canyon County is still at 10.5 unemployment
Average levies for FY 2010 were utilized in determining the tax amounts for the County and the Cities. The exact levy can only be determined by a property analysis, but would vary only slightly.
Sources are the Idaho State Tax Commission and the tax data from the Canyon County Assessors office.
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