Originally published in the 8/25/17 print edition of Yellowstone County News.
BILLINGS — The total taxable value of property in Yellowstone County increased 4.6 percent in FY 2016-17.
About half that increase is due to the construction of new property or what might be called the addition of new value to the total of assets in the county.
The balance of the increase in taxable value is the result of revised estimate of the value of existing property.
Only new construction results in increased revenue to county government and other taxing jurisdictions. The taxable value of Newly Taxable Property in FY2017-18 is $8,064,294, compared to $13,971,270 in FY 2016-17.
Yellowstone County’s base levy will generate $785,000 in new read more
Originally published in the print edition of the Yellowstone County News. BILLINGS — Probably never before has Yellowstone County faced so many building needs going into the budget-setting process. Most of that need is being driven by unprecedented demand … read more
Originally published in the weekly print edition of the Yellowstone County News. BILLINGS — Following department head discussions on Thursday, Yellowstone County Commissioners on Tuesday, approved placing a Resolution of Intent on the agenda next week calling for a public … read more
Oringinally published in the weekly Yellowstone County New print edition. BILLINGS — Yellowstone County may be asking voters on the primary ballot on June 7 permission to borrow the funding needed to build a 148-bed addition to the jail. The … read more
LOCKWOOD — If Lockwood taxpayers closely examined their tax bills in November, they would have noticed that one tax was not included. Because it was new tax district, a snafu in the bookkeeping process resulted in the 10-mill levy for … read more