HEALTH CARE TAKES ROOT
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AN EDITION OF THE IDAHO PRESS-TRIBUNE // MYMERIDIANPRESS.COM // 08.23.13
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COVER STORY: The business of medicine The health care industry supports thousands of jobs in Meridian, and it is in the running to be the fastest growing industry in the region between 2010 and 2020. We’ve featured local health care workers in this week’s cover story and a Meridian-based coalition that’s building Idaho’s medtech economy.
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BUSINESS NEWS Since Rosauers opening in 2012, Whole Foods and a new Fred Meyer arrived. But Rosauers’ CEO said the store is seeing steady sales growth. Here are some reasons why.
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SPORTS
ON THE TOWN
Meridian will be well represented on the blue turf at Bronco Stadium this season.
The 5th annual Barley Bros. Traveling Beer Show this weekend, put on by Brewforia owner Rick Boyd, will feature almost 30 craft breweries, including about a dozen from Idaho.
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WE DON’T JUST SELL MATTRESSES. 3530 E. Franklin Rd., Meridian , ID C M Y K
(one block East of Eagle Rd.)
• 208.855.2700
935673
WE SELL BETTER SLEEP!
$1.00
an edition of the Idaho Press-Tribune // MYmeridianpress.com // 03.29.13
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COVER STORY: Parents worry that students go hungry in school. Do they? In a recent Joint School District No. 2 survey, parents say long lunch lines, insufficient portions and unhealthy food leave students hungry. See how the district responded to concerns.
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SPORTS
On the Town
Business
Rocky Mountain’s Mason Smith could have tough decision, choosing between professional baseball or fulfilling his commitment to the University of Utah
Pinnacle Sports Grill offers an upscale-casual environment for people who like sports but don’t want to be inundated with noise and activity, the owner says.
Scentsy’s multimillion-dollar success has led to the need for more space. Its seventh building on the new campus will be complete at the end of this year.
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WE DON’T JUST SELL MATTRESSES. C M Y K
3530 E. Franklin Rd., Meridian , ID
(one block East of Eagle Rd.)
• 208.855.2700
861777
840931
WE SELL BETTER SLEEP!
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MYMERIDIANPRESS.COM // 09.20.13
LOCAL NEWS
taxing districts There are more than 45 taxing districts in Ada County. Here are examples of what homeowners might pay per year to each one, based on the taxing districts’ levy rates. Below: Taxing district / tax dollars from a Meridian Home based on $100,000 of property value* School district: $464.30 Meridian city: $425.89 Ada County: $320.28
Where does your tax money go? I f you’re a homeowner, you’ve seen a consolidated property tax bill in the mail from Ada County. While Ada County collects these taxes, it only sees about a fi fth of the revenue. The rest of the money goes to more than 45 other taxing
districts — including city, school, highway and library districts. Based on preliminary numbers, revenue from taxing districts in Ada County will increase by $20.6 million from fi scal year 2013 to fi scal year 2014.
hbeech@mymeridianpress.com © 2013 MERIDIAN PRESS
Taxing district revenues in Ada County Fiscal year 2014 revenues: $458.6 million (preliminary) Fiscal year 2008 revenues: $395.9 million
SOURCE: Ada County, Joint School District No. 2
by Holly Beech
resources
2014: 3.4 percent: fire and rescue 2008: 3.6 percent: fire and rescue
2014: 2.1 percent: Urban Renewal 2008: 2.2 percent: Urban Renewal
2014: 1.3 percent: libraries 2008: 1.3 percent: libraries
2014: 0.2 percent: sewer/flood control 2008: 0.2 percent: sewer/flood control 2014: 0.2 percent: miscellaneous 2008: 0.1 percent: miscellaneous 2014: 0.1 percent: cemeteries 2008: 0.1 percent: cemeteries
Find your estimated property taxes: tax.idaho.gov/i-1072.cfm View an example property tax bill: bit.ly/154LyHt
2014: 33.1 percent: schools 2008: 35.1 percent: schools
Meridian property taxes, 2012
2014: 7 percent: roads 2008: 7.5 percent: roads
Levy rate: 0.004550974 Net taxable market value of district: $4.5 billion Property tax budget: $20.5 million In fiscal year 2012, property tax revenue in Meridian made up 36 percent of total revenues. Property tax revenue: $19.3 million Total revenue: $53.6 billion Property tax revenue goes into the city's general fund.
levy rates have increased If you had $100,000 of taxable property, here are some examples of what you would pay in property taxes based on levy rates: CITY OF MERIDIAN 2008: $285.51 2012: $$447.71 Schools (bond and emergency levies) 2008: $358.31 2012: $339.66 ADA COUNTY 2008: $229.94 2012: $332.32 Total levy: 2008: $1,045.70 2012: $1,368.51 SOURCE: meridiancity.org
2014: 20.2 percent: Ada County, including emergency medical services, pest control and mosquito abatement 2008: 20.7 percent: Ada County, including emergency medical services, pest control and mosquito abatement
2014: 32.3 percent: city government 2008: 29.1 percent: city government
HOW DOES IDAHO COMPARE?
BUDGETS, FISCAL YEAR 2014
HOMEOWNERS PROGRAMS
Based on taxes paid per person, Idaho’s overall tax burden ranked 51st nationally — meaning it had the lowest tax burden — and 11th regionally out of 11 states in fiscal year 2010. Based on the state’s tax burden relative to income, Idaho ranked 46th nationally and 11th regionally. National rank based on type of tax, relative to income, FY2010: 38th: property tax 27th: sales tax 25th: individual income 37th: corporate income
Meridian: $89.3 million Ada County: $208.6 million Joint School District No. 2: $274.9 million
There are four programs for homeowners to reduce or defer their property taxes. The maximum exemptions by year are: 2006: $75,000 2009: $104,471 2013: $83,920
SOURCE: Idaho State Tax Commission
SOURCE: Idaho State Tax Commission
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