In his proposed budget for the next two years, Governor Steve Bullock is asking for about $300 million to be kept in an ending fund balance, but that seems unlikely if if the legislature has its way.
With a tight budget and a stream of cuts, many Montana officials are considering tax increases in a possible special legislative session, but according to Montana House Finance Chair Nancy Ballance tax increases will be a hard sell to the Republican dominated legislature.
At the end of August, the Montana Board of Regents was informed by Governor Bullocks’ office that they would need to trim an extra ten percent from the budget.