A recent report by Economic Research Specialist Michael Wallner concludes that while Bozeman ranks fourth highest in property taxes collected per capita, it has the fourth lowest median household income, among 13 of the largest cities in the region which were part of a study.
Those cities included Billings, Whitefish in Montana and Boulder and Fort Collins in Colorado.
If the trend continues, said Wallner, Bozeman will become similar to Sun Valley or Jackson Hole, where middle income people will not be able to afford to live in their community. His solution is to adopt a local sales tax or a local option tax which would reduce the community’s dependence on property taxes.
Bozeman has joined other Montana cities to lobby for a local option tax during the current session of the State Legislature. They are lobbying for House Bill 195, which would give cities the ability to ask citizens to vote on implementing a 2 percent sales tax on selected goods and services.