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Revenue Department Certifies Property Taxable Values for Montana Counties

 


The Montana Department of Revenue announces it has successfully completed its annual requirement to certify taxable values of property in the state’s 56 counties. This year, department offices in 52 counties certified the values before the August 4 deadline. Offices in four counties finished on the deadline date.

Under state law, the department’s property assessment offices are responsible for providing the total taxable value of property to each taxing jurisdiction by the first Monday in August. The values included in the certification process include mobile homes, personal property and business equipment, real property, and centrally assessed properties.

“Performing our job with accountability to local governments builds our working relationships with them,” said Revenue Department Director Mike Kadas. “It allows for efficient and effective tax administration locally and statewide.”

“Certifying values timely and accurately allows local governments to begin their processes of setting budgets and mills in a timely manner,” said Cynthia Monteau Moore, Administrator for the department’s Property Tax Assessment Division. “If we provide good service, then local governments can better serve and be accountable to their communities.”

Local governments establish their budgets and set their mill levies for property tax calculations and collections based on the certified taxable values provided to each taxing jurisdiction.

Property tax collections are the primary revenue source for local governments to provide public services such as police and fire protection, schools, roads and bridges, and health and social services.

For more information on Montana’s property taxation, please visit revenue.mt.gov .

 

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