Idaho Statutes Title 63. Revenue and Taxation § 63-1604. Local impact committee

(1) Work with the taxpayer to determine the impact on public facilities for a period of not to exceed ten (10) years;

(2) Develop a plan for construction, expansion, or operation of public facilities for a period of not to exceed ten (10) years;

(3) Estimate the total amount of ad valorem taxes that the taxpayer will become obligated to pay for a period of not to exceed ten (10) years, and the estimated amount of taxes that may be prepaid during the first one-half [( 1/2 )] of the impact period;

(4) Determine the priority of public facilities that are to be funded from prepaid ad valorem taxes, the taxing districts which will receive such prepaid ad valorem taxes, the dollar amount of such taxes, and the taxing districts which need to provide a credit during the term of the impact period to the taxpayer for prepaid ad valorem taxes.