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Montana Projected to Have a $500 Million Surplus

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Photo courtesy of 401K/Flickr

News broke on Thursday that the projected budget for the State of Montana would be close to $500 Million. The number is higher than previously estimated and for many is a demonstration of economic recovery for the state. Governor Schweitzer said he was unsurprised that the amount was higher and pointed out that lower estimates were held up by GOP leaders who  “either aren’t very good at counting money, or they aren’t good with the truth.”

Vice chairman of the Senate Taxation committee, Bob Lake warns that the money “is not in the bank yet,” and that higher than expected fire season could easily burn thorough those extra projected funds. KGVO News spoke with Lake about the surplus, and here’s what he had to say.

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