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Boise homeowners to save money thanks to property tax rebate

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Posted at 12:33 PM, Sep 23, 2020
and last updated 2020-09-23 14:33:31-04

BOISE, Idaho — Earlier this year, Boise Mayor Lauren McLean and the Boise City Council decided to take a zero percent base property tax increase, meaning the city will recoup a one time rebate worth $27.9 million. Three percent of that total will cover administrative costs, leaving an estimated $225 savings for the average Boise home. The essential services to residents will still be provided.

“We're passing this property tax rebate onto our residents because they need as much relief as possible this year," said Mayor McLean. "Just as Boiseans tightened their belts, we tightened ours by not taking the 3% allowable to cities. And we see this one-time rebate as helpful relief for our residents in this unique time."

The Mayor's office said in a news release that Boise will participate in the Governor's Public Safety Grant Initiative Fund. The fund will rebate the city with public safety costs from the State of Idaho using funds from the CARES Act.

For more information about your property tax bill, click here. If you want to check out the Economic Recovery Task Force Report for Boise, click here.