CUT BANK REGIONAL AIRPORT MILL LEVY ELECTION RESOLUTION NO. 2026-03 - Airport Operations and Equipment Levy

SHALL THE BOARD OF COUNTY COMMISSIONERS OF GLACIER COUNTY BE AUTHORIZED TO LEVY, FOR TEN (10) YEARS BEGINNING IN FISCAL YEAR 2027, AN ANNUAL TAX ON ALL PROPERTY WITHIN THE COUNTY BOUNDARIES, INCLUDING PROPERTY WITHIN THE LIMITS OF THE CITY OF CUT BANK, IN THE AMOUNT OF $90,000.00 PER YEAR (THE "LEVY AMOUNT"), SUBJECT TO ANNUAL ADJUSTMENT FOR INFLATION AS PROVIDED IN 15-10-420(1)(A), MCA, WHICH IS APPROXIMATELY 2.46 MILLS BASED ON THE COUNTY'S 2026 CERTIFIED TAXABLE VALUATION, FOR THE PURPOSE OF FUNDING AIRPORT OPERATIONS AND CAPITAL ASSET ACQUISITION COSTS FOR THE CUT BANK INTERNATIONAL AIRPORT. IF APPROVED BY THE VOTERS, THIS LEVY WILL GENERATE A TAX OF $1.87 ON A HOME VALUED AT $100,000; $5.61 ON A HOME VALUED AT $300,000; AND $12.84 ON A HOME VALUED AT $600,000.