Montana Department of Revenue 2023 Property Valuation

There has been a lot of buzz about residential and commercial tax rates lately. Due to recent property tax valuations many citizens have questions and concerns. The Montana Department of Revenue has resources to help taxpayers understand the process of valuation for tax purposes, about property tax calculations and tax expenditures.

Property Tax Basics

The department's Property Assessment Division assesses property values throughout the state, but it is the department, legislature, local government, and schools, together, that determine the property tax amount.

The assessed market value, the t...