What’s the Cost of the Project?
The total cost of the project is $49 million. That’s a cost reduction of $20.5 million from the proposed 2023 bond.
Passage of this proposal will increase the annual taxes on a home with a 2024/25 "market value" of $100,000 by approximately $85.06 ($7.09 per month), a home with a "market value" of $300,000 by approximately $255.18 ($21.27 per month) and a home with a "market value" of $600,000 by approximately $510.36 ($42.53 per month).
You can find the "market value" of your home here: https://svc.mt.gov/dor/property/prc).
The bond term is 25 years.