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Startling reappraisal numbers have driven widespread concern among Montana homeowners. While initial tax estimates are probably too high, here are some ideas that could bring property taxes down in the long run.
Homeowners across Montana received a nasty shock in the mail last month, coming in the form of state property reappraisal notices that generally indicated the 2023 valuations used to calculate property taxes have spiked over the two-year reappraisal cycle.
It’s unlikely those valuation increases, 46% on median statewide, will translate into equivalent increases when country treasurers mail out actual property tax bills this fall. That’s because the tax estimates included on the reappraisal notices don’t account for how across-the-board value growth will let cities, counties and school district...
