Property taxes are used to pay for schools, cities, counties, local law enforcement, fire protection, highways, libraries, and more. The state oversees local property tax procedures to make sure they comply with Idaho laws. Also the Idaho State Tax Commission sets property tax values for operating property, which consists mainly of public utilities and railroads.
Most homes, farms, and businesses are subject to property tax. Taxes are determined according to a property's current market value minus any exemptions. For example, homeowners of owner-occupied property may qualify for a partial exemption. Also, qualified low income homeowners can receive a property tax reduction.
- NEW! Temporary Rule 626 - Property Exempt from Taxation - Certain Personal Property
- NEW! Personal Property Exemption Location Application Form
- NEW! 2013 Budget & Levy Training Workshops
- NEW! 2013 County Commissioner Training
- History of Property Tax in Idaho
- Property Assessment - Frequent Questions
- Property tax related links