Wednesday, November 14, 2007

Otter and Taxes

Posted By on Wed, Nov 14, 2007 at 4:00 AM

Gov. C.L. "Butch" Otter has set his sights on the Idaho Transportation Department.

Otter said he has yet to see financial accountability from the ITD, and while he said the state needs more money for transportation, he wants to see the bottom-line budget first.

The comments were part of Otter’s legislative preview made during a meeting of the Associated Taxpayers of Idaho Wednesday afternoon.

Also on Otter's to-do list: Reforming the grocery tax credit to it to those who make less than $55,000 per year.

Property tax also ranks as a top priority. Otter wants limit the amount a home's assessed valued can be increased to only the level of annual inflation. Under the plan, house's value could not be adjusted until it was resold.

Otter will present his entire state budget to the Legislature early next year. The 2008 session is set to begin on Jan. 7.

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