![]() It's a process that Eric Dietrich, a reporter and deputy editor with the Montana Free Press, has been following closely. While the Montana Department of Commerce estimates the general taxes, individual county treasurers actually set and collect the taxes in the fall, meaning the letter property owners received in June might not actually be what they will pay. Along with the appraisal notice comes an estimate of property taxes. Forest land, in comparison, is valued in six-year cycles. The 2023 property classifications and appraisal notices from the Montana Department of Revenue hit mailboxes in June, indicating the start of a two-year cycle in which the department sets value rates for residential, commercial, agricultural and industrial properties. ![]() BILLINGS - A new set of property valuations is causing heartburn for homeowners across Montana, with proposed property taxes hovering around a 40% increase for 2023.
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