When I received our county tax assessment notification last month and noticed the "assessed value" of our home increased dramatically. I was as shocked as most homeowners in Bannock county. The following day I went to the assessor's office for additional understanding.
Many homeowners were there and waited as I did, to meet with the individual who was assigned to evaluate the value of my property. I was able to ask questions and get answers that left me with a better understanding of those who did not.
Anyone paying attention to the selling price of homes recently have noticed a dramatic increase. In many cases the price has doubled in a year. There is currently a shortage of homes on the market which has contributed to the cost of buying a home.
Many from California have decided they have had enough, sold their homes, and bought homes in Idaho. This fact and a more accurate method of evaluation of property have changed.
This has created a perfect storm for those who would fix blame on those assessing values. Some individuals advocate for recall and demand some be removed from office. Recalling the assessor or others they want to blame is unwarranted and inappropriate.
A better solution is to pay attention to the cost and benefit of government services. There is no free lunch that has been provided at the parks during the summer as some would want you to believe; someone is paying for that lunch.
Taxes are used to pay for expenses expected within the county for various services. Most people budget their expenses. The county is no exception. Neglecting growth, if the cost of operating the county doesn't increase, the amount to be "levied" against each property owner for the "assessed value" doesn't increase. If everyone's "assessed value" increased by the same percentage, the taxes "levied" would remain the same for those home owners year to year.
It is logical to hope for a high "assessed value" when selling your home and a much lower "assessed value" when the tax assessor places a value on it for taxes. Crazy logic but true.
I have noticed letters to the editor that advocate recall. Many are projecting a belief the taxes on their property will be raised at the same percentage as their "assessed value" provided by the tax assessor.
This is not the case. Some mistakes may have been made in the process but none I have seen warrant a recall.