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Council discusses possible annexation of Federal Cartridge/CCI Spear properties; revenue impacts mixed
Summary
Councilor Klein led a council discussion over whether to annex two Federal Cartridge/CCI Spear properties, describing staff estimates that projected increased property-tax revenue but larger decreases to water/wastewater enterprise receipts.
Councilor Klein opened a discussion about annexing two CCI Spear properties (Federal Cartridge Company facilities) on Snake River Avenue and Southport Avenue, asking why a major local business that borders the city does not pay city property taxes. Klein summarized figures prepared for the council: under the 2024 city levy rate, adding the Snake River Avenue property to the city's tax rolls could add approximately $340,000 in nonexempt property taxes and the Southport Avenue…
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