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Montana

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    • Budget timeframe: Biennial

      Fiscal Year begins: July 1 

      The current state budget can be found here.

      Find the legislative session calendar here.

      Find the current legislative leaders here.


      MT Gov. BullockGov. Steve Bullock
      Office of the Governor
      PO Box 200801
      State Capitol
      Helena, MT 59620-0801
      Phone: (406) 444-3111
      Fax: (406) 444-5529
      http://governor.mt.gov/

       

       

      David Ewer, Budget Director
      Office of Budget & Program Planning
      P.O. Box 200802
      Helena, MT 59620-0802
      Fax (406) 444-4670
      dewer@mt.gov

       

       

      Want a more robust, long-term look at your state's fiscal health, beyond the budget? There are two parts: Click here for the FY2011 Comprehensive Annual Financial Report (CAFR) compiled by the state government, and click here for information on the state's pension liabilities

       

       

      Montana is required to pass a "balanced budget." Article VIII, Section 9 of the 1972 Constitution states that appropriations by the legislature shall not exceed anticipated revenue. Montana law forbids the carrying over of a deficit from one year to the next. The governor of Montana is required by statute to reduce spending if a deficit begins to develop. Even with this law, Montana report budget deficits (negative net transactions) on its Budgetary Comparison Schedules for all of the years reviewed.

       

      Budgetary data is easy to locate and is presented in a consistent manner for the past three years. The State has five governmental funds that are considered major funds for presentation purposes and they are: the General Fund, the State Special Revenue Fund, the Federal Special Revenue Fund, the Coal Severance Tax Fund, and the Land Grant Fund. Three out of these five major funds are budgeted, the General Fund, the State Special Revenue Fund and the Federal Special Revenue Fund. Therefore, most but not all funds are budgeted. All the information needed for analysis is presented in an efficient manner within the Budgetary Comparison Schedules. [from the Institute for Truth in Accounting]

       

      Find the state's bond ratings here.

       

       

      Montana Policy Institute


    • Solutions

      How Reality-Based Budgeting Can Permanently Resolve State Budget Gaps

      State Budget Solutions | by Bob Williams | November 7, 2012

      State Budget Solutions recommends that state legislators take action in 2013 to resolve the serious state financial crises by changing their focus from inputs to outcomes by redesigning budgets from the ground up based on priorities and performance.

    • Solutions

      How to Prevent Future Pension Crises

      by Cory Eucalitto | November 1, 2012

      The time for state and local governments to offer defined contribution retirement plans that protect both taxpayer dollars and public employee retirement security is now.

    • Solutions

      State Lawmakerís Guide to Evaluating Medicaid Expansion Projections

      The Heritage Foundation | by Edmund F. Haislmaier and Drew Gonshorowski | October 17, 2012

      Supporters of Obamacare claim that expanding Medicaid will entail little to no cost to state governments, since the federal government will fund the vast majority of the additional costs. Indeed, some analyses project states achieving savings from adopting the expansion. However, state lawmakers should be wary of accepting such analyses at face value.

    • Solutions

      Medicaid Is BrokenóLet the States Fix It

      The Wall Street Journal | by Paul Howard and Russell Sykes | October 15, 2012

      Block-granting Medicaid is the best way to deliver better, cost-effective care to the most vulnerable Americans.

    • Solutions

      The Case for Reform: Prisons

      Right on Crime | August 1, 2012

      Prisons are supremely important, but they are also a supremely expensive government program, and thus prison systems must be held to the highest standards of accountability.

    • Promises Made, Promises Broken 2014: Unfunded Liabilities Hit $4.7 Trillion

      State Budget Solutions | by Joe Luppino-Esposito | November 12, 2014

      State Budget Solutions' latest research reveals that state public pension plans are underfunded by $4.7 trillion, up from $4.1 trillion in 2013. Overall, the combined plans' funded status has dipped three percentage points to 36%. Split among all Americans, the unfunded liability is over $15,000 per person. 

       

    • Williams Report - July 21, 2014

      State Budget Solutions | by Bob Williams | July 21, 2014

      The Williams Report is BACK after a one week hiatus. Be honest, you missed it! Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob. 

    • California, Indiana, Michigan, New Jersey, North Carolina , Pennsylvania, Washington, Louisiana, Montana, Virginia

      Williams Report - June 23, 2014

      State Budget Solutions | by Bob Williams | June 23, 2014

      The latest news from State Budget Solutions, including commentary from Bob Williams. Tweet #SBSBob to talk about state budget and pension headlines throughout the nation.

    • Fitch: State pension plans' funding climbs in 2013 despite low contributions

      Pensions & Investments | by Rob Kozlowski | May 15, 2014

      While the funding ratios of U.S. state defined benefit pension plans improved in fiscal year 2013, significant challenges remain, according to a Fitch Ratings report.

    • Richard Ravitch: State fiscal crises aren't over

      Newsday | by Michael Gormley | April 25, 2014

      Former Lt. Gov. Richard Ravitch, who helped New York City escape bankruptcy 40 years ago, warned Wednesday that the fiscal crisis isn't over in New York and other states, despite election year plans to cut taxes and spend more.