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Billings may lose $8.5 million in tax revenue because of property tax bills

Summary by KTVQ
The city of Billings is facing a possible money problem.The Montana Legislature voted to cut some property taxes, and that could hurt the citys budget.The city charter currently limits Billings' tax rate for property taxes.Earlier this week, the Legislature passed laws that allowed the city to increase that rate.This legislation that passed does give us a path forward for one year to basically reset that cap in our charter, said Andy Zoeller, ci…

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KTVQ broke the news in on Friday, May 2, 2025.
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