Montana Public Radio

Legislative Fiscal Division

Montana lawmakers in the Revenue Interim Committee reviewed revenue forecasts Thursday that will help guide state budget decisions during the 2021 legislative session.

In a year filled with economic uncertainty and a recession due to the coronavirus pandemic, state financial experts warn that some impacts to the state budget remain to be seen.

A recent Montana legislative report says tax revenue from oil and natural gas production is expected to drop more than 28 percent this fiscal year, which will impact state and county budgets.