A committee is being formed in Billings to raise funds to help compensate losses usually incurred by MetraPark when they bid on high school athletic events.
Representatives of the Big Sky Economic Development Board and the MetraPark Advisory Board have formed the committee, which will be asking for contributions from local hospitality businesses and retailers who are the most direct beneficiaries of the economic activity the events bring to Billings.
Mid-year budget adjustments for Yellowstone County will see little change except for some additional squeezing brought about by larger than expected tax protests from property owners in Yellowstone County this fiscal year.
Director of Finance Scott Turner said "The impact of the protested taxes and how long it will take to resolve these issues continues to be of concern."
The total amount of tax revenues under protest in Yellowstone County amounted to almost $30 million as of the end of 2011, including $13.35 million "for just this year."
It's almost 10 percent of total property tax collections and it is having a significant impact on the districts and jurisdictions which would normally receive the tax revenues, said Scott Turner, Yellowstone County's Director of Finance, on Tuesday.
PO Box 3262
Billings, MT 59103
(406) 259-2309