Yellowstone County, Montana - Treasurer (2024)

Treasurer Contact Department

Notice

2023 Supplemental Real Estate Taxes will be mailed the last week of March

The Montana Supreme Court determined that the Department of Revenue has the authority to direct counties to levy above the current mill levy calculation limitation each year if reserved mills are determined to be available. The Department has verified that the school equalization mills—under the statutory limitations that adjust mills down when taxable values increase—are reduced from 95 mills to 77.9 mills for this tax year. However, the Department of Revenue, under the direction of the Governor’s Budget Office and Governor Gianforte, is directing the County to levy extra mills they hold in reserve to generate additional revenue from property taxpayers in Montana. The Supreme Court ordered counties to comply, therefore your second half taxes will necessarily be increased to comply with the request from the Department of Revenue as directed by the Governor and the Order from the Montana Supreme Court.

Please remember that the local county employees and Department of Revenue employees did not play a role in this decision and the work they do is centered on complying with laws passed by the Legislature.

2023 Real Estate second half tax payments are due in the County Treasurer’s office or postmarked by 5:00 pm, May 31, 2024. June 1, 2024, interest will be assessed at the rate of 5/6 of 1% per month until paid and a 2% penalty will be assessed the day taxes become delinquent.

Taxes may be paid at the Yellowstone County Courthouse, 217 North 27th Street Room 108 between the hours of 8:00 a.m. and 5:00 p.m. Monday – Friday.

Taxes may be mailed to “YCT” PO Box 35010, Billings, MT 59107. Please include your tax stub or tax code # with your payment.

Online payments are accepted on our website. There is a 2 ½% fee for the use of Credit/Debit cards. There is no fee for the E-Check payment option, however it will only process current payments.

Please note, the statements were submitted to the printer March 14th. If you paid your supplemental statement March 14th or later, you will receive a statement.

Thank You,
Marci Shafer
Yellowstone County Treasurer

**** Redesigned Property Tax Statements ****

On October 27, 2021, Yellowstone County mailed out the 2021 Real Estate Tax Statements. The tax statements have been redesigned this year. They will arrive in a windowed envelope with "IMPORTANT TAX BILL ENCLOSED" displayed in the window. Taxpayers will notice additional information printed on the statement. Each mill levy is now listed individually on the statement, with a color-coded key identifying whether the levy is a city, county, school, state, or other tax. On the back of the statement, taxpayers will see a visual of the percentages, per category, of the distributed dollars shown in a colored pie chart as well as in written form. Example of New Tax Bill| Explanation of County Mill Levies

Feel free to contact the County Treasurers’ Office with questions or concerns at: 256-2802 or 256-2803. Or, email treasurer@yellowstonecountymt.gov. Thank you.

Real Estate Taxes Due Personal Property Taxes Due Mobile Home Taxes Due
1st Half - November 30th
2nd Half - May 31st
To be determined 1st Half - May 31st
2nd Half - November 30th

All Taxes are due by 5 PM Mountain Time on their due date by State Law


Administration & Fees

The office of the Treasurer receives and disburses all monies, as dictated by state law, and records these transactions. The Treasurer, an elected official, reports to the Montana State Department of Revenue on administrative matters while the County Commissioners have budgetary authority.

The office is divided into two groups. One deals with motor vehicle matters, including registrations, title transfers and applications, and the issuance of temporary stickers and permits. The other serves as the general office for activities including receipts from taxes, fees and intergovernmnetal transfers. It also processes disbursem*nts, invests funds, maintains bank accounts, seizes tax delinquent property, handles tax protests, and issues moving permits for mobile homes.

There is a 2% penalty and 5/6 of 1% of interest accumulated monthly if taxes are paid delinquent. This applies to real property, personals, mobile, and farm and ranch.

Yellowstone County, Montana - Treasurer (2024)

FAQs

What is the property tax rate in Yellowstone County Montana? ›

Montana Property Tax Rates
CountyMedian Home ValueAverage Effective Property Tax Rate
Valley$150,5000.95%
Wheatland$117,3000.76%
Wibaux$107,6000.72%
Yellowstone$238,7001.04%
52 more rows

What is the average property tax rate in Montana? ›

Montana has relatively low property taxes. In this state, the average effective property tax rate is only 0.74%. It's also below the national average.

What is the assessment ratio in Montana? ›

A property's taxable value is the market value multiplied by the tax (or assessment) rate. For residential property, the tax rate is 1.35% and for commercial property, the tax rate is 1.89%.

What state has the lowest property tax? ›

States With the Lowest Property Taxes in 2024
  • Hawaii has the lowest property tax rate in the U.S. at 0.29%. ...
  • Alabama is generally one of the more affordable states in the country. ...
  • Colorado has the third-lowest property tax rate at 0.51%. ...
  • Nevada has the fourth-lowest property tax rate in the nation (0.55%).
Dec 21, 2023

Does Montana have a property tax exemption? ›

Personal property owned by or leased to an exempt entity is not automatically exempt, it must go through the exemption application process. Exemption applications must be submitted by March 1, or, in the case of vehicles, within 30 days after acquisition. The date on the new title is used as the acquisition date.

Are property taxes going up in Montana? ›

According to an MTFP estimate, the median residential property in Montana saw its tax bill rise by 21% in 2023.

How does Montana calculate property tax? ›

The Montana property tax rate is determined by the Montana Department of Revenue and is applied to the assessed value of the property. As of 2021, the average property tax rate in Montana is 0.84%, which is lower than the national average of 1.07%.

Does Montana have property tax relief for seniors? ›

For Montanans who turned 62 or older in 2021, the Elderly Homeowner/Renter Tax Credit can bring up to $1,000.

Where does Montana rank on income tax? ›

Montana has a modestly progressive personal income tax. The top tax rate of 6.9% is the 13th highest in the nation, but Montana is one of only six states that allows Federal taxes to be deducted on the state return.

Which state has no property tax in the USA? ›

As we've learned, there aren't any states with no property tax on homes in 2024. However, homeowners and real estate investors alike should understand the overall property tax burden required by their specific state, county and local government.

Which state has the worst estate tax? ›

Washington has the highest estate tax at 20%, which is applied to the portion of an estate's value greater than $11,193,000. Inheritance tax rates depend on the beneficiary's relation to the deceased, and, in each state, certain types of relationships are exempt from inheritance tax.

What is the most tax-friendly state to live in? ›

According to the updated MoneyGeek analysis, the most “tax friendly” state overall was Nevada, where the median family owes about 3% of its income in taxes. Meanwhile, 13 states earned either a D or F grade for tax burdens. For some of those states, like Oregon, high personal income tax rates are to blame.

What is the property tax limit increase in Montana? ›

CI-121 limits annual increases and decreases in valuations of residential property to either 2% or the inflation rate (whichever is lower) when assessing property taxes if the property is not newly constructed, significantly improved, or had a change of ownership since January 1, 2019.

What is the highest tax rate in Montana? ›

Overview of Montana Taxes

Montana has a progressive state income tax, with a top rate of 6.75%. Montana has only a few other types of taxes. There is no sales tax in the state and property taxes are below the national average.

Why did Montana property taxes go up? ›

The state reappraisal of all Montana homes for 2023 resulted in an average 49% increase statewide in home appraisals. Because of that appraisal many if not most of us will see a property tax increase on our home – and for some this increase is enormous.

What is the property tax rate in Missoula Montana? ›

All residential homes are taxed at 1.35% of the property's assessed value. County mill rate is set by Missoula County voters and the county commissioners.

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