Schaaf
Well-known member
The result of sending very unserious people to Helena and giving them a super majority. More concerned with culture war issues than mitigating a record breaking property tax appraisal.
This is your property classification and appraisal notice
- Thread starter Unlucky
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kiwi hunter
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- Jul 21, 2013
- Messages
- 1,187
Good God, worse then communists
The notices came in my mail today and Saturday. Thankfully Mrs. Fin is in Oregon helping her elderly mother, preventing me from being her proxy for vocal protest at the Courthouse. At least, until she comes home in a week or two.
If these numbers don't change when I appeal the new assessment, their estimates indicate that I will see huge increases in my property taxes due to Gallatin County. Not only my house (estimate increase to $8,618), but a spare lot (estimate to $1,882) and two office buildings (estimate to $31,460 total ) are all subject to huge increases. Yet, my tenants' rent has only increased by 3%.
What's that total? Hmmm, $41,960 per year.
But hey, I'll be getting an income tax rebate to offset maybe one month of the property tax increase.
For me, the appeal of these tax increases is mostly the time and hassle to do so. I'll do it myself. Yet for many, they have to pay folks like me and others to contest those taxes for them.
I doubt the counties and elected officials have any idea how many appeals they will be getting. When it increases similar to the rate of inflation, not too much worry. When it increases 50-60%, they have to realize they're gonna get flooded with appeals.
Taxes on what we own in Phillips county look to be going up $24. I'll spend more than that at the Malta DQ on a fishing trip.
Like @Schaaf said, it's a pretty sad commentary that our elected leaders wasted ninety days fighting about the cultural and social issues of the day. Heaven forbid they place any priority on the tangible issues that make a difference.
The best hope for us is that because most every property in the county will see large assessed value increases, the millage formulas used to determine the actual tax owed will result in taxes being lower than what they estimate on the notices they sent.
If these numbers don't change when I appeal the new assessment, their estimates indicate that I will see huge increases in my property taxes due to Gallatin County. Not only my house (estimate increase to $8,618), but a spare lot (estimate to $1,882) and two office buildings (estimate to $31,460 total ) are all subject to huge increases. Yet, my tenants' rent has only increased by 3%.
What's that total? Hmmm, $41,960 per year.
But hey, I'll be getting an income tax rebate to offset maybe one month of the property tax increase.
For me, the appeal of these tax increases is mostly the time and hassle to do so. I'll do it myself. Yet for many, they have to pay folks like me and others to contest those taxes for them.
I doubt the counties and elected officials have any idea how many appeals they will be getting. When it increases similar to the rate of inflation, not too much worry. When it increases 50-60%, they have to realize they're gonna get flooded with appeals.
Taxes on what we own in Phillips county look to be going up $24. I'll spend more than that at the Malta DQ on a fishing trip.
Like @Schaaf said, it's a pretty sad commentary that our elected leaders wasted ninety days fighting about the cultural and social issues of the day. Heaven forbid they place any priority on the tangible issues that make a difference.
The best hope for us is that because most every property in the county will see large assessed value increases, the millage formulas used to determine the actual tax owed will result in taxes being lower than what they estimate on the notices they sent.
perma
Well-known member
I thought IL was bad… still is bad but damn.
Gerald Martin
Well-known member
- Joined
- Jul 3, 2009
- Messages
- 8,643
I’ll be in line protesting mine as well.Mine stand to go up nearly 3k from last year.
mevertsen
Well-known member
My mortgage is $997 a month.
And taxes for 5 lots including my house are less than $1k per year.
Nick87
Well-known member
It is.
Might be less trips for the western Montana boys to come raid eastern Montana. Times are tough and I will quit complaining about my increase it seemed excessive but it nothing like you guys are seeing. Pick your region might be looking pretty good for mule deer. 
Irishman
Well-known member
My property supposedly went up in value almost 50% also. Good if you're a Real Estate agent, or if you can sell and travel the world like Kung Fu. The Kung Fu reference might be too dated. 
Hem
Well-known member
Nope...some of us remember, Grasshopper.My property supposedly went up in value almost 50% also. Good if you're a Real Estate agent, or if you can sell and travel the world like Kung Fu. The Kung Fu reference might be too dated.
Yep. mtmuley
MTHunter1321
Well-known member
If you have an appraisal that’s that recent, you absolutely should be able to appeal it based on that. The state doesn’t know jack on how to appraise properties.
If the state would pay for the values they appraise them at there would be a max exodus to wyoming.
npaden
Well-known member
I think I am the winner. Over 300% increase.
It is 14 acres of scrub that at one point was a gravel pit. No topsoil left on it.
It is 14 acres of scrub that at one point was a gravel pit. No topsoil left on it.
4ohSick
Well-known member
My appraised value went from $262k last year to $436k this year. Estimated tax assessment nearly doubled 
BuzzH
Well-known member
I occasionally miss living in Montana, but wayyyy more often I'm so glad I moved to Wyoming. Montana politics are an absolute joke, glad all the move-ins left the high taxes and liberal agenda behind.
Montana chose it's politicians, sounds like a lot of buyers remorse.
jpcoll01
Well-known member
- Joined
- Jan 14, 2021
- Messages
- 501
While it’s always fun to blame your state legislators you likely need to look closer to home for who is to blame for property valuation and property tax rates. The good news is it’s easier to hold local officials accountable.
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