State surplus for Montana up for 2013 fiscal year

State government’s general fund surplus for the fiscal year that ended June 30 was nearly 24 percent, or $102.4 million, more than estimated, a report from the Legislative Fiscal Division released Thursday showed.

The numbers are considered preliminary because they have not yet been audited by the state legislative auditor, state Legislative Fiscal Analyst Amy Carlson said in her report.

Legislators had estimated a general fund surplus — called an ending fund balance in government accounting terminology — of $434.9 million for the 2013 fiscal year that ended June 30. However, the actual surplus turned out to be $537.2 million.

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