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Director's report: MRA monitors property-tax bills, new auditor issues no findings; remittance processing underway
Summary
In a director's report at the March 27 MRA meeting staff summarized ongoing legislative work on property-tax bills (including Senate Bill 2), reported that the new auditor I Bailey issued an audit with no findings, and said remittance agreements are with bond counsel and the city attorney for signature before distributions are made.
MRA staff delivered a comprehensive director’s report on March 27, 2025 covering ongoing state legislation, the annual audit, remittance processing and a brief construction update.
Legislation: staff summarized activity on several property-tax related bills, including discussion of Senate Bill 2 and other companion proposals that address taxable value caps and property tax relief. Staff said the League of Cities and Towns has worked with sponsors on a consolidated bill that could pull multiple property-tax changes together; the next substantive step for SB 2 was identified as the House Taxation Committee. Staff cautioned that the proposals remain in flux and described them as complex.
Audit and remittance: the board was told I Bailey (auditor, Denver) is the agency’s new auditor for the year and that a draft report would issue soon; staff said the preliminary audit contained no findings. Remittance and distribution agreements that were approved earlier have been reviewed by bond counsel (Dolcey Whitney) and were submitted to the city attorney’s office for final sign-off before payments are issued to affected tax jurisdictions.
Construction and projects: staff noted several local projects moving toward or into construction, including Vassar Street and other downtown infill and alley work; staff said these activities are a positive sign for development momentum in Missoula.
Board remarks: members cautioned that repeated remittances to the city are not indefinitely sustainable and requested future briefings quantifying the impact of remittances on MRA districts — for example, what the district would need to generate to deliver a given sum to the city.
Ending: staff said the auditor’s final report would be brought to the board when available and that remittance signatures and payments would proceed once legal sign-offs are complete.
