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Taxes Could Go Up for Idaho Falls Homes

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0  Updated at 8:49 am, August 11th, 2014 By: EastIdahoNews.com
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(IDAHO FALLS, ID) – Property taxes could be going up in Idaho Falls. Local News 8 reports that the City Council is looking into ways to balance the budget and meet infrastructure needs.

Officials are considering a 1.5 percent tax levy on all taxable properties around the community. They say that would amount to about $15 more per year in taxes on a $100,000 home.  The city has a proposed budget for the next fiscal year at $176 million.

A public hearing on the proposal will be held August 24.