Our View: Vote yes, four times on constitutional admendments | Editorial | Idaho Statesman
I daho’s publicly owned airports, community hospitals and city-run electric utilities need the flexibility to serve their customers and adapt to fluid markets. On Tuesday, voters should grant that flexibility. They should vote yes on three complicated but important constitutional amendments to allow these public entities to finance projects and purchases without voter approval. The amendments appear a la carte on the ballot: House Joint Resolution 4 covers hospitals’ ability to go into debt on equipment or property; HJR 5 covers airport projects, such as runways, hangars or terminals; HJR 7 would allow utilities to complete capital projects or sign long-term contracts to purchase power. Still, there are some unifying threads: Æ The amendments would not grant public entities a blank check to commit property tax dollars to long-term debt, which now requires a two-thirds voter supermajority. These debts would be financed strictly by consumers: by patient bil...