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Analysis shows possible state budget overrun of $373M after 2011 Montana Legislature

January 28, 2010 /

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Barring some major changes, state government’s grim budget picture doesn’t appear likely to improve anytime soon, leaving even more difficult decisions for the 2011 Legislature, a preliminary analysis by the Legislative Fiscal Division shows.

The analysis shows that if the 2011 Legislature funds state services at the current level and spends $74 million to bail out state pension funds again – along with $22 million to cover cost overruns – state general fund spending would exceed tax collections by $373 million.

By CHARLES S. JOHNSON Missoulian State Bureau

Full Story: http://missoulian.com/news/local/article_a61ee72c-0bb8-11df-957f-001cc4c03286.html

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