US Laws, Codes, Statutes & Cases

                                  TITLE  63
                             REVENUE AND TAXATION
                                  CHAPTER 16
                             PREPAYMENT OF TAXES
    63-1604.  LOCAL IMPACT COMMITTEE. If a local impact committee is ordered
pursuant to section 63-1603, Idaho Code, the board of county commissioners
shall appoint the members of the committee. The committee shall consist of a
member of the governing board of each taxing district in which any part of the
property of the taxpayer is or will be situated during the term of the impact
period, the county assessor, and the chairman of the board of county
commissioners, who shall be the permanent chairman of the local impact
committee. The board of county commissioners, with the advice of the
committee, shall:
    (1)  Work with the taxpayer to determine the impact on public facilities
for a period of not to exceed ten (10) years;
    (2)  Develop a plan for construction, expansion, or operation of public
facilities for a period of not to exceed ten (10) years;
    (3)  Estimate the total amount of ad valorem taxes that the taxpayer will
become obligated to pay for a period of not to exceed ten (10) years, and the
estimated amount of taxes that may be prepaid during the first one-half of the
impact period;
    (4)  Determine the priority of public facilities that are to be funded
from prepaid ad valorem taxes, the taxing districts which will receive such
prepaid ad valorem taxes, the dollar amount of such taxes, and the taxing
districts which need to provide a credit during the term of the impact period
to the taxpayer for prepaid ad valorem taxes.