State-Owned Storage Business Expected To Bring Thousands Into Idaho Schools

The AP (10/27) reports that schools in Boise, Idaho, "stand to benefit more from a storage business that the state bought than when it was under private ownership." The state "paid $2.7 million to buy Affordable Self-Storage in the suburbs of Boise," and according to Idaho's Department of Land, the property "will contribute $20,087 annually to Boise schools -- double the $10,040 in taxes that previously went to schools." In addition, "$208,000 in earnings from the facility will be shared by schools across Idaho."