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From YouTube: Idaho Land Board
Description
March 15, 2022
A
A
B
E
E
E
All
right
great,
thank
you
today
on
our
consent
agenda.
We
have
the
minutes
from
last
month.
We
have
item
number
two
is
the
ada
county
sheriff's
office,
which
is
the
transportation
of
prisoners.
Item
number
three
is
from
the
department
of
environmental
quality.
They
have
six
five
six
items
there
from
their
various
quarterly
transfers.
E
E
Item
number
five
is
from
the
department
of
administration.
This
is
a
lease
assignment
from
the
tolles
family.
Trust
to
the
franmar
company
and
item
number
six
is
from
the
idaho
state
police.
This
is
a
request
for
a
waiver
to
the
board
of
examiners,
surplus
personal
property
in
order
to
transfer
a
drug
protection
canine
to
his
handler
and
those
are.
That
concludes
our
consent
agenda
item.
We
do
have
a
regular
agenda
item,
but
that
concludes
our
consent.
Government
general.
E
Thank
you,
governor
and
members
of
the
board
on
our
regular
agenda.
Today
we
have
from
the
state
treasurer's
office,
I
believe
treasurer
julie,
ellsworth
is
there
and
bond
council,
but
this
is
a
request
for
authorization.
Pursuant
to
idaho
code,
63
3201
to
issue
tax
anticipation,
notes
that
will
not
exceed
75
percent
of
the
anticipated
income
or
revenue
from
the
taxes
during
fiscal
year
23.
D
Certainly
governor
my
name
is
stephanie
bonney.
I
serve
as
bond
counsel
to
the
treasurer
for
the
state
of
idaho
and
have
done
the
state's
tax
anticipation
notes
for
approximately
the
last
30
years,
so
we're
here
asking
the
the
state
treasurer,
I'm
here
on
behalf
of
the
state
treasurer
asking
for
permission
for
the
treasurer
to
issue
tax
anticipation
notes.
Should
they
be
needed.
That
determination
has
not
yet
been
made.
D
Traditionally
of,
though,
though,
of
course
what
happens,
is
we
get
a
majority
of
expenses
in
the
first
half
of
the
year,
but
the
majority
of
the
tax
revenues
don't
come
until
the
second
half
of
the
year,
so
the
tax
anticipation
note
merely
balances
out
those
expenditures.
With
those
revenues,
state
law
prohibits
the
treasurer
from
borrowing
more
than
75
percent
of
the
anticipated
income.
So
we
put
that
amount
here.
However,
of
course,
that
amount
is
extremely
large
exceeding
4
billion.