Taxes
1. Retail Sales Tax Percentage - State - 6% and City - None
2. Personal Income Tax Percentage on Taxable Income of $25.00-$50,000 - 2%- 7.69%
3. Corporate Sate Income Tax Percentage - 8%
4. Worker's Compensation Rate
Experience modification for 2008 - $1.08
5. Unemployment Compensation Rate
City chooses the option to pay when an employee is laid off.
6. Net Taxable Value - As of December, 2007 - $50,715,569
7. School Tax Rate - .001477044 - levy rate
8. County Tax Rate - .004102718 - levy rate
9. City Tax Rate - .012639530 - levy rate
10. Total Assessed Value of the Community as of December, 2007 - $65,611,045
11. Frequency of Property Appraisals - Yearly
12. Method of Property Appraisals
20% by annual physical appraisals and 80% by trend appraisals
13. Current Property Tax Rate
Current county property tax rate is .021287958. This figure can also be used as an average of recent rates.
14. Comparison to Other Cities, Counties and States
Glenns Ferry is the third in the State. Idaho’s per capital tax burden is one of the lowest in eleven Western states. Idaho ranked second in the nation for quality of its tax structure. This is provided by the Department of Commerce.
Information Sources:
City of Glenns Ferry
Elmore County Treasurer
Elmore County Assessor
Mayor mayorgf@rtci.net
City CLERK wberg@rtci.net
City TREASURER debbierone@rtci.net
City Hall/Utility billing lorishrum@rtci.net
Public Works jeffcook@rtci.net