TAXING DISTRICTS – Adds to existing law to require taxing districts to hold a hearing and provide certain notices to taxpayers before increasing the budget from property tax revenue from the previous year.

H 369 requires Idaho taxing districts to hold public hearings and provide specific notices to property owners before increasing their property tax revenue budget above the previous year's amount, unless the district's budget is under $1 million or the increase comes from new construction/annexation. Taxing districts must publish a notice in a local newspaper (with specific formatting: 18-point font, 1/4-page size) and mail it to all property owners 4 weeks before the budget hearing, detailing the proposed tax rate changes and annual revenue impact. The notice must include clear calculations showing how much taxes would rise per $100,000 of property value for different property types (residential, commercial, etc.). This applies to all taxing districts planning a property tax revenue increase exceeding the prior year's amount, excluding certain revenue sources like new development. The bill aims to ensure transparency and public input before tax hikes.