Montana property taxes explained
July 27, 2023
By now, most Montana property owners have opened their 2023 Property Classification and Appraisal Notices, and many have been surprised by the Montana Department of Revenue’s estimate of their property’s market value. It’s no secret that property in Montana has been selling at higher and higher prices, but the size of the increased values is astonishing to everyone — including me.
These value increases and estimated 2023 General Taxes described on the notice — based upon the prior year’s mills — have created a great deal of confusion, fear and some frustration among Montana’...