wowzers
WKR
- Joined
- Nov 22, 2012
- Messages
- 380
I don’t think a lot of people here realize that. They also can’t currently sell state timberlands.As the recent state tax cuts really start to bite and the school districts keep voting down levies, you are going to see more of this. A large portion of Idaho school revenue comes from Idaho Endowment Land. That land is mandated by the state constitution to return the maximum financial return to the state. I'm not saying I agree with it, but that's how it's written.
Until now where they are predicting an almost $60M deficit which is in violation of the state constitution.I get it to a point, except: 1) Idaho operates in the black so there is no deficit., 2) school levies are done at the county, not state level, so this is an apples versus oranges comparison, and 3) there are no limitations that I am aware of on what "maximizing financial return" means. Does building a high rise apartment, mall, or prison fit the bill?
State leaders: Idaho must implement spending cuts as it stares down forecasted shortfall
BOISE — In their preview of the upcoming legislative session, state policy leaders made clear this week that their task will be implementing spending reductions as they grapple with tax