Bill would cap how much Montana local governments could increase total spending

Property taxes have been a big concern for many Montanans in recent years — and they’re largely determined at the local level, not the state level.

Now, a bill has been proposed that seeks to address the growth in local taxes by putting limits on how much large cities and counties can increase their total spending year to year.

Those governments’ total yearly expenditures from all sources could not grow faster than the combined rate of inflation and population growth, except in a declared emergency or when voters approve the increase for one fiscal year.

READ THE FULL STORY: https://www.kpax.com/news/68th-session/bill-would-cap-how-much-montana-local-governments-could-increase-total-spending