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Ada County approves tax adjustments for Idaho Power after state court ruling
Summary
The Ada County Board of Commissioners approved tax-cancellation adjustments for Idaho Power covering tax years 2020–2022 following litigation that resulted in lower assessed values; the county will process refunds/credits and bill affected taxing districts for their proportionate shares.
The Ada County Board of Commissioners voted June 3 to approve tax-cancellation adjustments for Idaho Power covering tax years 2020, 2021 and 2022, implementing an order from the Idaho Supreme Court that reduced the company’s assessed values.
The action matters because the county collects property taxes on behalf of multiple local districts; refunds or credits to Idaho Power will be distributed proportionately among those districts unless a district chooses to levy to recoup its share. "Idaho Power owns what's called operating property," said Beth Law, Ada County treasurer, explaining the statutory and litigation…
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