Tax Break Tracker Individual Entry

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: 
Montana
Reporting Jurisdiction: 
Columbia Falls
Jurisdiction type
School district
Fiscal year ending In: 
2019
Program name: 
New or Expanding Industry
Program purpose
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
$60,157
Reimbursement / offset
$0
Net revenue loss
$60,157
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 FH Stoltze Land and Lumber Company. Abatement began in 2014.