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Montana lawmakers review falling state revenues

A state legislative committee agreed Thursday that lower than expected revenues could require Governor Steve Bullock to make up to 10% cuts to state agencies’ budgets.

The Revenue and Transportation Interim Committee adopted a statement stating current revenue projections "may result in an ending fund balance below statutory limits."

But the statement also said revenue estimates made this early in a two-year budget cycle are still uncertain.

By Jonathan Ambarian – MTN News

http://www.kpax.com/story/36372312/montana-lawmakers-review-falling-state-revenues

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