School Bond Election Costs

School Bond Election Costs

Q: How much will the school bond cost a property owner?

Bozeman Public Schools consists of an Elementary District and a High School District. The Bozeman High School District includes all of the Elementary District property as well as the property in Anderson, Cottonwood, Gallatin Gateway, LaMotte, Malmborg, Monforton, and Sedan Elementary Districts. This bond will affect only the High School District taxes. If approved, the bonds will actually be sold when needed, so the District anticipates the tax impact to be phased in over 3 years. The amount calculated below is the maximum tax impact anticipated once all of the bonds have been sold.

Basic Information:

The proposed High School Bond Issue of $125,000,000 equates to approximately 62 mills. The levy to repay the Bonds is estimated to cost a homeowner approximately $6.97 per month per $100,000 of assessed market value.  That amount will likely decrease over the term of the bonds as the District's tax base continues to grow.

Steps to figure out individual tax impact:

  • Step 1: In your web browser, navigate to the Gallatin County Treasurer’s Property Tax Search website.
  • Step 2: Type in the last name of the property owner, click ‘search’ and select the correct property parcel from the list by clicking on the parcel number.
  • Step 3: The tax statement details will come up. Under the “2016 Value”, find the “Taxable Value” amount.
    2016 Value Example
  • Step 4: Insert the “Taxable Value” amount into Yellow box in the Bond Calculator here:
Bond Calulator

Bozeman School District #7 Bond Impact Calculator

Insert "Current Taxable Valuation" amount Here (number):$  

Bond Impact Calculator Annual Monthly
Estimated Property Tax Increase: $ $

Estimated Monthly Tax Impact (taxable value x 0.00516)
Estimated Annual Tax Impact (taxable value x 0.06192)

Please note: This is a conservative estimate of the tax impact, the calculations will change annually due to new property and the ongoing property re-appraisal process by the State.

Q: Are there property tax assistance programs?

Yes, a link to the applications can be found here.

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