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Bonner County OKs 63-602W developer discount for three parcels after mapping check
Summary
The Bonner County Board of Commissioners approved a 75% development (63-602W) tax exemption for three parcels after staff corrected a GIS mapping error and confirmed the parcels meet statutory criteria.
The Bonner County Board of Commissioners approved a developer inventory tax exemption under Idaho Code section 63-602W for three parcels after staff confirmed a prior mapping error and recommended approval.
The exemption, commonly called a developer discount, reduces taxable value on qualifying land held for development; county staff said the board applies a 75 percent reduction under the statute rather than a full exemption. Assessor's Office staff (Corey…
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