resort tax

Resort residencies in Big Sky, Montana, 2006.
Jim (CC-By-SA-2.0)

A new economic profile report about Big Sky highlights one of the fastest population growth trends in the state and some of the struggles that come with it. Big Sky’s population has grown 21 percent over the last five years to almost 3,000 residents, according to a new economic profile from Bridge Economic Development released this week.

Montana Office of Tourism

Lawmakers are considering whether to give local governments the authority to ask their voters to approve a local option sales tax. The money raised would be used to provide property tax relief and pay for public works projects. 

Senate Bill 331 is based on the existing resort tax model that’s assessed on goods and services purchased by tourists.  Current state law restricts the resort tax only for communities with a population under 5,500 and draw a high number of tourists. Local residents vote to impose this tax. The money collected pays for public works projects and property tax relief.