Gallatin County Commission sets 2027 timeline for Big Sky resort tax district
What happened
Gallatin County commissioners are considering a proposal from the Big Sky Resort Area District (BSRAD) for a Targeted Economic Development District (TEDD). The commission anticipates providing direction on the TEDD by July 1, 2027, with potential implementation scheduled for 2028. BSRAD submitted a county request to consider the TEDD, which aims to fund critical infrastructure needs in Big Sky.
Why it matters
The TEDD model, paired with tax increment financing, would allow Big Sky to capture and reinvest future property tax growth locally. This funding is prioritized for water and wastewater infrastructure, roads and transportation, and wildfire risk mitigation.
Who's involved
- Gallatin CountyThe county commission responsible for analyzing and deciding on the proposed economic development district.
- Zach BrownThe chair of the Gallatin County Commission who read a statement representing the commission's view.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- BozemanSpeculative
The TEDD and resulting infrastructure funding might boost regional tourism and property values via improved connectivity.