Serving Proudly As The Voice Of Valley County Since 1913
Serving Proudly As The Voice Of Valley County Since 1913
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Montana Department of Revenue staff told a legislative committee on Nov. 18, that next year’s reappraisal cycle could produce a partial repeat of last year’s jarring tax spike as the state’s surging real estate market continues to translate into higher residential taxes. The department expects the market value of the average Montana residential property to be reappraised at 21 percent higher when it completes next year’s reappraisal cycle. A staff economist said Monday that if the Legislature doesn’t rebalance state tax statutes, the higher va...
Last year, during a dispute with Gov. Greg Gianforte over the state’s “95 mill” school equalization property tax, officials with 49 of Montana’s 56 counties chose to reduce their fall tax bills against the wishes of the Montana Department of Revenue. This month, after landing on the losing side of a November Montana Supreme Court ruling, those counties’ treasurers are left with the thankless task of sending supplemental property tax bills to hundreds of thousands of property owners across the state. The supplemental bills will increase...