Legislation proposing a change to how farmland property taxes are calculated could reduce farmers’ bills by more than $100 million a year.

Montana counties are formally requesting clarity and accountability on property taxes from the Montana Department of Revenue.Beaverhead, Carbon, Carter, Custer, ...

Property tax calculations are complex and understood by few. To calculate your taxes, you must know the formula. The calculation is: the market value of your property X tax rate X mill rate = taxes.

Property tax calculations get trickier as people start to rebuild. Imagine the same hypothetical Medical Lake family doesn’t build anything on their charred land next year.