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County staff present 2023 tax-abatement report: $433.1 million in reported investment
Summary
County staff told the commission the 2023 tax-abatement program reported $433,147,745 in investment and combined tax savings of $2,563,896; staff reviewed 5- and 10-year programs and said new Class 8 equipment abatements will start appearing in future reports.
County staff presented the Yellowstone County 2023 tax-abatement annual report, summarizing recipients, program terms and the reported economic impact.
Diane (county staff) reviewed the county's longstanding five- and ten-year abatement programs and described the newer Class 8 equipment program created by recent state legislation. She said the 10-year and 5-year programs allow abatements tied…
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