Idaho
Moody’s Affirms University of Idaho / University of Phoenix Affiliation Poses Risk to State of Idaho
BOISE, Idaho (KMVT/KSVT) — On March 4, 2024, Moody’s Investors Service released a credit opinion and update for the State of Idaho. In this report, Moody’s declares the University of Idaho’s acquisition of the University of Phoenix poses risk to the state of Idaho.
According to Moody’s, “The potential acquisition of the University of Phoenix, the for-profit university, by an entity related to the University of Idaho (A1 rating under review for possible downgrade) presents some operating risk to the state… Because the university is a wholly owned business-type enterprise of the State of Idaho, the risks it assumes could become operating risks of the state.”
“Idaho taxpayers will pay increased costs if there is a downgrade to Idaho’s credit rating,” said Treasurer Julie Ellsworth.
Moody’s report was presented to Idaho’s Credit Rating Enhancement Committee on March 7th. The committee, chaired by Treasurer Ellsworth, advises the Governor and Legislature on policies and actions that enhance and preserve the state’s credit rating which helps maintain the future availability of low-cost financing.
Read Moody’s Credit Opinion in full report HERE.
Copyright 2024 KMVT. All rights reserved.
Idaho
Idaho leaders mourn the sudden passing of Senator Lindsey Graham
BOISE, Idaho (CBS2) — U.S. Sen. Mike Crapo and U.S. Sen. Jim Risch issued statements mourning the sudden passing of U.S. Sen. Lindsey Graham of South Carolina, remembering him as a friend, colleague and influential conservative lawmaker.
“For most of my public service in Congress, I had the privilege of calling Lindsey Graham not only a colleague in both the House and Senate, but a loyal and generous friend,” Crapo said. “He was a formidable public servant who held the line on issues important to him and South Carolinians with unwavering courage.”
Crapo highlighted Graham’s military service and foreign policy work, saying, “As an Air Force veteran and foreign policy hawk, he traveled the world demonstrating America’s strength and resolve. To our nation’s allies, he was a friend. To our adversaries, he was unflinching.”
Crapo also pointed to Graham’s work in the Senate, including his leadership on budget issues and his role on the Senate Judiciary Committee. “Lindsey was a staunch conservative, and he shepherded the Senate Budget Committee through the critical steps of the budget reconciliation process,” Crapo said. “His work put more money in Americans’ pockets and kept our homeland safe. On the Senate Judiciary Committee, he safeguarded the federal judiciary and conducted much-needed oversight.”
“Senator Graham enriched the lives of those of us who knew him,” Crapo said. “He will be deeply missed, and I offer my sincere condolences to his family, staff and other loved ones during this difficult time.”
Risch and his wife, Vicki, also expressed condolences, calling Graham “a dear friend and colleague whose warmth, humor, and unwavering dedication to public service will be deeply missed.”
“He loved America deeply and devoted his life to serving our nation and fighting for what he believed was in its best interest,” Risch said. “We extend our deepest condolences and are praying for his family during this difficult time.”
Idaho
Idaho’s Most Unusual Listing: A Pair of Medieval Castles Complete With a Dungeon and Drawbridge
Idaho is not a place that’s often associated with Medieval castles, but a pair have just hit the market for $6.25 million.
The imposing stone structures have towers, turrets, ramparts, arrow-slit windows and even a drawbridge, and might just be the most authentic-looking castles this side of the Atlantic.
“Who expects to see a castle like this in Idaho?” said listing agent Brenda Burk of Coldwell Banker Schneidmiller Realty, who brought the property to the market last week. They are, she said, “extremely unusual.”
MORE: Late PBS Anchor Jim Lehrer’s Historic Washington, D.C., Home Lists for $5 Million
Schweitzer Castle and Château de Melusine, as they’re known, stand within Schweitzer Mountain Resort in the Selkirk Mountains and overlook the nearby mountain resort town of Sandpoint. They take in panoramic views of Lake Pend Oreille, Idaho’s largest lake.
The pair of ski-in/ski-out homes each have three bedrooms, two bathrooms and three stories, Burk explained. They are “so authentic,” she said. “Every single stone was handlaid.”
Schweitzer Castle, she said, wasn’t built for “functionality,” but has been modernized and adapted and now has everything a 21st-century residence requires, along with a dungeon, which for some buyers may also be a requisite.
MORE: Arizona’s Most Expensive House—With an Indoor Go-Kart Track and Shooting Range—Sells for a Record $40.2 Million
The chateau, meanwhile, has a hot tub room with mountain views, as well as a garage.
The property is being sold furnished, and will come complete with the hand-carved statues, armor, mounted swords, stained-glass windows and a host of antiques dating to the 15th and 16th centuries.
The owner, an antique collector who couldn’t be reached for comment, “is always looking for that hidden jewel and he found that here,” Burk said.
The next custodian is likely to stem from a varied pool of buyers, Burk said, that would include “the trophy-home buyer, someone who can say ‘I own a castle.’”
The property could also appeal to someone looking for a vacation home, or a multi-generational estate, and beyond that “there’s the dreamers,” she said. “We definitely try to market to people who like Medieval history or maybe do Renaissance fairs.”
The seller “really wants it to go to someone with the same passion.”
Idaho
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