Urban Renewal and Technology District budgets
Summary
The URD is proposing a study area expansion east along Olive toward Bozeman Creek, tied to potential projects including the federal building parking site and Bozeman Creek improvements. A resolution could go to the Commission by end of August.
At a glance
- Total mentions
- 10
- Last 30 days
- 1
Discussed at 2 meetings in the last 60 days; most recently Oct 14, 2026.
Impact analysis
Expansion would allow URD tax increment funds to be spent in the new area; FY27 budget already includes major projects like parking planning and workforce housing.
Properties and residents in the expanded area, which would gain access to URD funding for improvements.
Local taxpayers could face pressure to cover match dollars if local governments step in.
Mentions & discussions (10)
101426 Gallatin Valley MPO TTAC Meeting Minutes - Oct 14, 2026
MDT may have to return roughly $40 million in federal redistribution funds because the state lacks matching dollars — about $4.5 million at a 13% match rate. Chair Chad Mozol floated the idea of local governments providing match to keep the money here.
Downtown Area Urban Renewal District Board September - Sep 15, 2026
The URD's monthly finance report tracks how tax-increment dollars are spent downtown — this year's $9.7 million budget includes big-ticket items like $5 million for parking and $1.6 million for the Fire Station One workforce housing project. Year-to-date spending is modest at about $341,000.
Downtown Area Urban Renewal District Board Meeting August - Aug 18, 2026
The URD is proposing a study area expansion east along Olive toward Bozeman Creek, tied to potential projects including the federal building parking site and Bozeman Creek improvements. A resolution could go to the Commission by end of August.
062426 Gallatin Valley MPO TPCC Meeting Minutes - Jun 24, 2026
Next year's transportation planning budget totals roughly $392,500 in federal highway planning funds, but recurring state allocations and office costs point to a five-year deficit that could shrink the MPO's planning capacity. Staff will spend the next six months looking for solutions.
Inter-Neighborhood Council - Jun 11, 2026
Budget adoption is set for June 23. Big questions: how the city funds public safety and mental health, and whether to move forward on the fire station and west side community center.
City Commission - May 12, 2026
Seven special districts presented annual reports and coming-year work plans and budgets covering downtown improvements and economic development spending. These budgets shape where tax-increment and district funds go over the next two fiscal years.
Downtown Area Urban Renewal District Board Meeting April - Apr 21, 2026
The board is exploring extending the urban renewal district to cover the Federal Building site. A proposal from Pioneer Technical to assess blight is under review — an early but potentially significant step for downtown's future footprint.
Downtown Area Urban Renewal District Board Meeting March - Mar 10, 2026
The board got its second look at the FY27-28 draft budget, which puts $5 million toward downtown parking supply and planning in FY27 and continues funding for streetscape, utility work, housing incentives and the Fire Station One workforce housing project. It goes to the City Commission for final approval on May 12, 2026.
Tax Increment Finance Advisory Board - Feb 19, 2026
The draft Northeast budget includes right-of-way enhancements on Church Street, tree planting, quiet zone construction, and Bozeman Yards debt service. The neighborhood association president flagged the quiet zone and street projects as priorities.
Downtown Area Urban Renewal District Board Meeting January - Jan 20, 2026
The board reviewed a FY2027 URD project proposal alongside the monthly finance report and the FY2026 work plan and budget — the early look at how urban renewal dollars will be spent next fiscal year.
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