State Budgets: Montana Cuts Spending as Budget Surplus Dwindles

December 28, 2008

Analysts estimate that Montana’s state revenue is running $50 million under projection for the current budget ($5.72 billion overall for 2009-11). Gov. Brian Schweitzer (D) has ordered $193 million in spending reductions, and the budget’s surplus is now projected to be one-quarter of the originally estimated $1 billion.

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