Montana MT Bozeman School District School District 2019 New or Expanding Industry General Economic Development MCA 15-24-14 Gallatin County Personal Property Tax; Real Property Tax Tax Abatement If Property Tax were abated, but the taxpayer did not meet the eligibility requirements, the recapture amount is equal to the amount of taxes avoided, plus interest and penalties for nonpayment of Property Tax. $3,585 $0 $3,585 (none) https://www.bsd7.org/ 6472 Montana MT Butte School District School District 2019 Property Tax Abatement Programs General Economic Development Council Resolution 16-35, under section 15-24-1502 of the Montana Code Annotated Butte Silver Bow City and County Property Tax Tax Abatement (not specified) $22,851 $0 $22,851 (none) https://www.co.silverbow.mt.us/2032/Annual-Comprehensive-Financial-Report 6473 Montana MT Butte Silver Bow City and County City/County 2019 Remodeling, Reconstruction or Expansion of Buildings and Structures Construction/rehabilitation Council Resolution 16-35, under section 15-24-1502 of the Montana Code Annotated Butte Silver Bow City and County Property Tax Tax Abatement Must pay penalty plus interest $41,030 $0 $41,030 (none) https://www.co.silverbow.mt.us/2032/Annual-Comprehensive-Financial-Report 6474 Montana MT Columbia Falls School District 2019 New or Expanding Industry General Economic Development MCA 15-24-1402 Flathead County Property Tax Tax Abatement (not specified) $3,093 $0 $3,093 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. 6475 Montana MT Columbia Falls School District 2019 New or Expanding Industry General Economic Development MCA 15-24-1402 Flathead County Property Tax Tax Abatement (not specified) $60,157 $0 $60,157 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 FH Stoltze Land and Lumber Company. Abatement began in 2014. 6476 Montana MT Flathead County County 2019 New & Expanding Business General Economic Development Montana Code Annotated, Title 15, Chapter 24, Part 1 Property Tax Tax Abatement Tax Abatement $84,283 $0 $84,283 (none) https://flathead.mt.gov/department-directory/finance# 6477 Montana MT Gallatin County County 2019 New & Expanding Business General Economic Development Montana Code Annotated, Title 15, Chapter 24, Part 14, Gallatin County Property Tax Tax Abatement Tax Abatement $69,314 $0 $69,314 (none) https://gallatincomt.virtualtownhall.net/finance-department/pages/annual-audit-reports 6478 Montana MT Helena School District School District 2019 Various Tax Abatements General Economic Development MCA 15-24-14 Lewis and Clark County Property Tax Tax Abatement Property Tax abated by this section are subject to recapture if the ownership does not add at least $50,000 worth of qualifying improvements or modernized processes within the first two years in which these benefits are provided. $65,288 $0 $65,288 See CACFR for company specific amounts, about half the abatemetns are for Boeing. https://helenaschools.org/departments/business-finance/ 6479 Montana MT Kalispell School District 2019 New or Expanding Industry General Economic Development MCA 15-24-14 Flathead County Property Tax Tax Abatement Property Tax abated by this section are subject to recapture if the ownership does not meet the requirements of this section or the City’s resolution granting the abatement. $86 $0 $86 Recipient of Abatement is Semitool Inc. 6480 Montana MT Kalispell School District 2019 New or Expanding Industry General Economic Development MCA 15-24-14 Flathead County Property Tax Tax Abatement Property Tax abated by this section are subject to recapture if the ownership does not meet the requirements of this section or the City’s resolution granting the abatement. $2,350 $0 $2,350 Recipient of abatement is R Thompson Farms LLC. 6481 Montana MT Kalispell School District 2019 New or Expanding Industry General Economic Development MCA 15-24-14 Flathead County Property Tax Tax Abatement Property Tax abated by this section are subject to recapture if the ownership does not meet the requirements of this section or the City’s resolution granting the abatement. $13,728 $0 $13,728 Recipient of Abatement is Semitool Inc. 6482 Montana MT Montana State 2019 Montana Board of Investments Commercial Loan Program Infrastructural development (not specified) State of Montana Corporate Income Tax; Individual Income Tax Loan; Tax Credit If the basic sector business does not create the required jobs within the four-year period, then the basic sector business must pay down the loan balance of the local government entity until the loan balance matches the eligible amount per the jobs created. $3,769,000 $0 $3,769,000 (none) https://sfsd.mt.gov/SAB/acfr/index 6483 Montana MT Yellowstone County County 2019 Various County Tax Abatement Agreements General Economic Development Title 15, chapter 10, 20-9-331, 20- Title 15, chapter 10, 20-9-331, 20-9-333, or 20-9-360 MCA Yellowstone County Property Tax Tax Abatement Yes $1,808,002 $0 $1,808,002 CAFR reports losses to cities and school districts due to the county's agreements https://www.yellowstonecountymt.gov/finance/CompRpt/compreport22/index.asp 6484 13