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Montana collects $2.1 billion in property tax, with allocations as follows: 56% to schools, 28% to counties, 11% to cities/towns, and 5% to special districts. The 6 statewide university mills stay at the state, while the 95 statewide school mills are redistributed to local community schools, accounting for 35-40% of the $1.1 billion annual state school funding distribution.
According to the latest Department of Revenue (DOR) appraisal, Montana properties have a total market value of $259 billion, spread across 18 tax and rate classes. Residential is the largest class at 76%, or $198 billion. O...
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