Connect with us

Uncategorized

Resort tax board now has bonding authority

Avatar photo

Published

on

SB 209 signed by Governor
By Emily Stifler Explorebigsky.com Managing Editor

HELENA – Gov. Steve Bullock has signed a bill that gives the Big Sky Resort Tax Area District board bonding authority.

This will allow the Big Sky Resort Tax Board to fund large, long-term projects. A majority vote of the board and voter approval is required to pass a bond in excess of $500,000, and a 4 out of 5 majority board vote with no voter approval for bonds less than that amount.

Some of the ideas that have been discussed are a recreational center/concert venue and a more advanced health care facility. The amount pledged annually to repay bonds for such a project could not exceed 25 percent of the average of the previous five years’ resort tax collections.

The new law would applies to all four Montana resort area districts, Big Sky, St. Regis, Craig and Cooke City. Defined as unincorporated areas with a population less than 2,500 where the major portion of the community or area’s economic wellbeing is derived from businesses catering to non-business travelers, each of the four areas has a 3 percent resort tax.

Upcoming Events

march, 2024

Filter Events

26febAll Day21aprBig Sky School District Kindergarten Roundup and 4K Program Interest(All Day) Event Type :EducationEvent City:Big Sky

15mar(mar 15)7:00 pm30(mar 30)8:30 pmVerge Theater Presents My Barking Dog7:00 pm - 8:30 pm (30) Verge TheaterEvent Type :ArtsEvent City:Bozeman

23mar6:00 pm23apr8:00 pmThe Portal- Cacao Ceremony, Transcendental Breathwork & Sound Journey Meditation6:00 pm - (april 23) 8:00 pm Santosha Wellness CenterEvent Type :OtherEvent City:Big Sky

28mar5:00 pm6:00 pmHoly Thursday Mass: St. Joseph Catholic Mission5:00 pm - 6:00 pm Event Type :OtherEvent City:Big Sky

Advertisements

X
X