Three Forks Voice - Connect With Your Community!

By Eric Dietrich
Montana Free Press 

Analysts say state budget looks OK for next year

 

August 19, 2020

File Photo

State government is facing a $300 million-plus revenue cliff in the coming year as a result of the COVID-19 pandemic, legislative analysts told lawmakers last week. Regardless, it's looking like Montana's reserve accounts will be adequate to stave off a full-blown budget crisis through at least 2021.

HELENA - State government is facing a $300 million-plus revenue cliff in the coming year as a result of the COVID-19 pandemic, legislative analysts told lawmakers last week. Regardless, it's looking like Montana's reserve accounts will be adequate to stave off a full-blown budget crisis through at least 2021.

"While fiscal year 2021 looks manageable, the next biennium may be more of a challenge for legislators," said fiscal analyst Susie Lindsay.

The new projections, prepared by the nonpartisan Legislative Fiscal Division and presented to the Legislative Fiscal Committee, are part of the fi...



For access to this article please sign in or subscribe.



 

Reader Comments
(0)

 
 

Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2020