Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
| State or Territory: | Montana |
| Effected Jurisdiction: | Columbia Falls |
Jurisdiction type: | School District |
| Fiscal year ending In: | 2019 |
| Program name: | New or Expanding Industry |
| Program purpose: | General Economic Development |
| Statutory authority: | MCA 15-24-1402 |
| Abating jurisdiction(s): | Flathead County |
| Applicable taxes: | Property Tax |
| Method of abatement: | Tax Abatement |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $3,093 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $3,093 |
| Type of loss: | Passive |
| Additional notes on dislosure: | The School District levied mills based on this lower taxable valuation after taking into account the tax abatement. The total mills levied in FY 2019 were 265.74. The tax abatements resulted in an increase of mills but did not result in a loss of tax revenue as mills necessary to generate the revenue to fully fund the budget are based on the lower (adjusted) tax valuations. Recipient of abatement is OKO Properties, LLC/Western Building Center. Abatement began in 2010. |
