Montana HB37 revises local government preliminary budget requirements to include prior year tax amounts and estimated current year tax amounts.
Montana HB37 amends the preliminary annual operating budget requirements for local governments. The revised budget must include the property taxes levied on $100,000 of residential property from all mills in the prior budget year and the estimated property taxes to be levied in the current budget year. The budget must also detail changes in fund balances or cash balances available for governmental fund types.
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