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Analysts: Montana may recoup virus revenue losses in 2 years
June 24, 2020 /
Any coronavirus-related revenue losses to Montana’s treasury over the next year will likely be recovered the year after, state financial analysts said Tuesday.
The state Legislative Fiscal Division projected revenue that goes to the state’s general fund will drop by nearly 13% in the fiscal year that begins July 1. The state’s revenues are then predicted to rise by 15% in the next year, according to the forecast.
Gov. Steve Bullock’s budget director, Tom Livers, told state lawmakers in an online meeting that the state is in a good economic position compared to some others.
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