Rate Breakdown

Property taxes in Big Horn County are calculated by multiplying the assessed value (minus exemptions) by the total local millage rate.

How Property Tax Works in Big Horn County

Property taxes in Big Horn County are determined by a combination of the property's assessed value and the local millage rates. The assessment process begins with the county assessor determining the fair market value of the real property. This value is then multiplied by a state-mandated percentage to arrive at the taxable value.

The final tax amount is calculated using "mills." One mill represents one dollar of tax for every $1,000 of taxable value. Millage rates are set annually by various local taxing authorities, including the county commission, school districts, and city governments, to fund essential public services such as roads, emergency services, and education.

Available Exemptions

Montana offers several tax relief programs to reduce the financial burden on eligible homeowners. To qualify for these exemptions, property owners must file the appropriate applications with the Big Horn County Treasurer.

• Homeowner’s Exemption: Available to residents who own and occupy their primary residence. This reduces the taxable value of the home.
• Senior Citizen Exemption: Additional tax relief may be available for residents aged 65 and older, depending on income levels and residency.
• Disabled Person Exemption: Residents with a documented permanent disability may qualify for a reduction in property taxes.
• Veteran Exemptions: Specific tax relief is available for disabled veterans and their surviving spouses, providing significant reductions based on the level of disability.

Payment Schedule & Deadlines

Property taxes in Big Horn County are typically billed annually, though the state allows for specific payment structures. It is critical to adhere to the following guidelines to avoid penalties:

• Payment Deadlines: Taxes are generally due by a specific date in the fall or winter; however, owners should check their annual tax notice for the exact due date.
• Installment Options: While most payments are made in a single lump sum, some taxpayers may coordinate specific payment arrangements through the Treasurer's office.
• Late Consequences: Payments made after the deadline are subject to interest charges and penalties. If taxes remain unpaid for an extended period, the property may be subject to a tax sale.

Appealing Your Assessment

If you believe your property has been overvalued, you have the right to appeal the assessment. The process must be initiated within a specific timeframe following the mailing of the notice of value.

To begin an appeal, the property owner must file a formal request for review with the Big Horn County Assessor. You should provide supporting evidence, such as recent appraisals or a list of comparable properties in your area that have sold for less. If a resolution is not reached with the assessor, the appeal may be escalated to the Montana Department of Revenue or a local board of adjustment.