Watch your Wallets

by Mike Jopek

Here we go again. Guess they thought that 2023 didn’t hurt the middle class enough. Montana’s 2025 reappraisal indicates that existing homes, not new construction, increased $46 billion more in market value. Existing Main Street business increased $3 billion in market value over the past couple years.

This upcoming 2025 revaluation cycle is on top of the 2023 property tax increases which caused ongoing distress across Montana over the past years and put local safety levies in danger. Combined, the market value of existing homes increased $106 billion while existing businesses saw...