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Revenue Interim Committee

Montana’s Annual Revenue Shows Significant Increases In Latest Fiscal Year

According to the Legislative Services Division, with four months of taxes collected, the outlook for Montana’s finances in the new fiscal year looks rosy. Individual income tax, which made up 59% of the state’s nearly $3 billion in general fund revenue in the 2021 fiscal year that ended June 30, is 12.5% higher than it was at this point a year...