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Kootenai County Board of Equalization approves three valuation adjustments
Summary
The Board of Equalization unanimously approved valuation adjustments April 8 for four AINs tied to the Cordelane tribe (timber exemption), a corrected occupancy and amended values for AIN 347910, and a tax-exemption correction for AIN 137507 (North Idaho College). No public comment was offered and the meeting adjourned at 11:15 a.m.
The Kootenai County Board of Equalization on April 8, 2026, unanimously approved valuation adjustments affecting multiple property accounts, including four accounts tied to the Cordelane tribe, a corrected occupancy and amended values for AIN 347910, and application of a tax exemption to AIN 137507 for North Idaho College.
Why it matters: The adjustments change how the assessor will treat taxable value for the listed accounts — including a timber exemption for the accounts tied to the Cordelane tribe — and update tax-year valuations for a private account and a local college. Such changes affect the county’s tax roll and individual taxpayers’ liabilities for the affected parcels.
Michael Rutled, chief deputy for the assessor’s office, told the Board that AIN 104983, 105590, 1146385 and 34446 had been transferred to an exempt entity and that the records were amended to reflect net taxable value with a timber exemption. The Board moved to approve the four adjustments as listed and the motion carried with Commissioners Eberline, Duncan and Chairman Matari voting in favor.
The Board then considered AIN 347910 (the record includes a name pronounced as “Ferraria”). The record shows a corrected occupancy date and amended assessments: the 2024 amended value was recorded as $0 and the 2025 amended value recorded in the minutes as $371,867. A motion to approve the adjustments for tax years 2024 and 2025 passed unanimously.
Finally, the Board addressed AIN 137507 for North Idaho College. The minutes indicate a previously approved 2024 tax exemption had not been applied; the assessor’s office amended both the 2024 and 2025 values to $0. The Board voted to approve the adjustment, with the three commissioners voting in favor.
The Board administered the standard oath to sworn participants at the start of the session and invited public comment twice; no members of the public spoke. The meeting was adjourned at 11:15 a.m.
Next steps: The assessor’s office will reflect the approved adjustments in county records and tax rolls according to regular processing timelines.
