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Kootenai Co. reports drop in property tax value

Friday, May 30, 2008; IDST

Officials in Kootenai County say taxable values in the northern Idaho county appear to have dropped by an estimated $500 million this year. County Assessor Mike McDowell says the 2007 market value was about $16.6 billion, but in 2008 that figure could drop to about $16 billion. The county is separated into districts, and McDowell said the value in each district dropped between 2 percent and 5 percent on average. - Full Story