Budget Certification Relating To Operating Property Annexation Value

Section 63-802, Idaho Code 01. “Appropriate County Auditor” Defined. The county auditor of each county within which any taxing district with an annexation is located. (7-1-24) 02. Annexation Values for Operating Properties. Pursuant to Section 63-802, Idaho Code, the Tax Commission will certify the current year’s net taxable values of operating properties within annexations made during the previous calendar year. This certification will list summarized values of said operating properties for each applicable taxing district and is part of the certification required pursuant to Section 63-410, Idaho Code. (7-1-24) 03. County Auditor to Notify Taxing Districts. As soon as possible after receipt of the list pursuant to Subsection 800.02, the appropriate county auditor will notify affected taxing districts. (7-1-24) 801. LIMITATION ON BUDGET REQUESTS -- SPECIAL PLANT FACILITIES FUND LEVY PROVISIONS. Sections 63-802, 33-804, 33-317A, 33-909, 33-2729, 33-2113, 33-804A, Idaho Code 01. Limits on Plant Facilities Funds. The following limits restrict plant facilities funds for any school, community college, or library district: (7-1-24) a. The amount of property tax to be budgeted for said fund in any year cannot exceed four tenths of one percent (0.4%) multiplied by the net taxable value of the taxing district as of the year prior to the first year in which a plant facilities fund levy is made; (7-1-24) b. No district with an existing plant facilities fund may levy for an additional plant facilities fund until the existing plant facilities fund has expired. (7-1-24) 02. Exceptions to Limits. Limitations found in Subsection 01 of this rule do not apply to any state- authorized plant facilities levy, established under Section 33-909, Idaho Code, or the cooperative service agency (COSA) school plant facility levy established under Section 33-317A, Idaho Code. (7-1-24) 03. Plant Facilities Fund Extensions or Increases. Except for increases related to COSA school plant IDAHO ADMINISTRATIVE CODE IDAPA 35.01.03 State Tax Commission Property Tax Administrative Rules Section 802 Page 63 facility levies, any applicable district may hold an election to increase the amount to be levied pursuant to the requirements of Section 33-804, Idaho Code. For the purpose of such increase, the total levy for plant facilities and bonded indebtedness is computed as follows: (7-1-24) a. For the first year in which the increased or extended plant facilities fund levy is to be made, sum of the amount to be levied for the plant facilities fund and for any bond fund in existence prior to the new plant facilities fund; (7-1-24) b. Divide the sum computed in Subsection 801.03.a. by the district’s net taxable value as of the year immediately preceding the year in which the increased or extended plant facilities fund is to be levied. (7-1-24) 04. Cooperative Service Agency (COSA) School Plant Facility Fund Increases. Any school district may hold an election to increase the amount to be levied pursuant to the requirements of Section 33-317A. The total levy for school plant facilities is computed by combining the amount of the proposed COSA plant facility levy with the most recent plant facilities levy. (7-1-24) 05. Maximum Amount of Increased Plant Facilities Fund. Except as provided in Subsection 801.04, when any district increases its plant facilities fund, the maximum amount will not in any year exceed the limit found in Paragraph 801.01.a. applied to the net taxable value of the year immediately preceding the first year the increased fund is to be levied. This limitation will not apply to COSA school plant facility levies, which, in any year, will not exceed four tenths of a percent (0.4%) multiplied by the net taxable value of the immediate prior year. (7-1-24) 06. Special Reporting Requirements for State-Authorized Plant Facilities Levy. When the state Department of Education certifies a state-authorized plant facilities levy to any county under Section 33-909, Idaho Code, the county clerk will forward a copy of such certification to the Tax Commission as an attachment to the L-2 Forms described in Rule 803 of these rules. (7-1-24) 07. Special Reporting for COSA. Any COSA plant facilities levy is reported on a separate line on the L-2 Form defined in Rule 803 of these rules. (7-1-24)