According to the Department of Revenue, Montana’s total taxable value is roughly $4.7 billion. If the state equalization mills were lowered by 17, as the counties are proposing, that would reduce collections by about $80 million this year.
The State has filed a lawsuit against Missoula County because they are considering levying 77.8 mills for school equalization instead of the 95 mills the State directed them to levy.
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