Great Falls Public Schools consists of an Elementary District and a High School District. This Levy election amount is designated for the High School District only.
Question: HOW MUCH WILL THE TECHNOLOGY LEVY COST A PROPERTY OWNER?
The High School Technology Levy of $500,000 equates to approximately 3.45 mills. This levy is estimated to cost a homeowner approximately $4.65 per year on a home with a market value of $100,000. This levy, if passed, will be imposed for 10 years and will not be renewed without voter approval. It would replace an existing permanent levy of $75,000 per year.
Steps to figure out individual tax impact.
#1: Go to the website: http://itax.tylertech.com/cascademt
#2: Type in the last name of the property owner – hit search and choose the correct property parcel from the list by clicking on the parcel number.
#3: The tax statement details will come up. In the 2016 Section there are two figures. These include the Market Value and the Taxable Value. See below.
#4: Under the “2016 Value”, find the “Taxable Value” amount.
#5: Insert the “Taxable Value” amount into Yellow box in the Bond Calculator below.
High School Formula: Current Taxable Amount x .00345 = Annual Tax Impact
Please note: The calculations may change in August due to the re-appraisal process by the State. Calculations are for residential property only.