Gov. says Montana can withstand dip in revenue
October 12, 2009
MATT GOURAS Associated Press Writer HELENA
Gov. Brian Schweitzer said Friday that a new report showing a larger-than-forcasted dip in revenue collections is not cause for alarm, because the state still has significant reserves. Legislative analysts reported Friday that tax collections from July to September fell 20 percent from the same three-month period last year, and so far appear to be significantly lower than expected by lawmakers who predicted revenue would slide some during the recession. But the report warned it's still early to draw conclusions. Schweitzer said the state still has...