News

Officials say Montana budget is in solid shape heading into pandemic

stateseal

At least for the time being, Montana’s public coffers are well-stocked to weather the coronavirus pandemic, lawmakers and the governor’s budget director said Monday, meaning it’s unlikely that state government will run into an immediate budget crunch as it tries to contain the COVID-19 outbreak and respond to the virus’ economic impact.

That could change, however, if the crisis drags out long enough that response efforts drain emergency funds, or if economic fallout cuts into the state’s collection of income taxes, natural resource taxes, and other revenue sources over the coming months.

By

News Catrgory Sponspor:


The Montana Governor's Office of Economic Development is the state's lead organization to help businesses succeed in our state.

News Catrgory Sponspor:


The MDT Disadvantaged Business Enterprise (DBE) Program encourages and supports the participation of companies owned and controlled by socially and economically disadvantaged individuals in transportation contracts.

News Catrgory Sponspor:


Montana Office of Tourism and Business Development - Driving economic growth & sustainability through tourism. The $3 billion spent annually by visitors circulates throughout Montana communities generating business & tax revenue, jobs & economic development opportunities.

News Catrgory Sponspor:


The Montana Department of Commerce works with statewide and local partners, private industry and small businesses to enhance and sustain economic prosperity in Montana. - Montana Is On The Move

Leave a Comment

You must be logged in to post a comment.