News

State-revenue rebound could lead to Montana undoing budget cuts this year

A rebound in Montana’s state tax revenue could lead to undoing $46 million in state budget cuts later this year, a legislative report says – although lawmakers Monday said the final budget picture won’t be clear until next month.

Still, a leading Republican lawmaker told MTN News Monday that if the revenue forecasts come through, the offsets to earlier budget cuts would be significant.

"The money would go back in the same proportions that it was taken out during the (November) special session," said Rep. Nancy Balance, R-Hamilton, who chairs the Legislative Finance Committee. "So, it’s huge. … This could have a very big effect on some of the cuts we’re seeing."

By Mike Dennison – MTN News

http://www.kbzk.com/story/38451807/state-revenue-rebound-could-lead-to-undoing-budget-cuts-this-year

Sorry, we couldn't find any posts. Please try a different search.

Leave a Comment

You must be logged in to post a comment.