State Budget Looking to be Balanced - KFBB.com News, Sports and Weather

State Budget Looking to be Balanced

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Numbers are in for the state budget, and reports estimate that the state's general-fund surplus will be nearly six-million dollars more than projected at the end of the two year budget cycle.

Officials telling lawmakers during the week that the state is on track to have close to $350,000,000 at the end of the 2015 budget period.

Chairman of the Legislative Finance Committee Llew Jones of Conrad says that while things can change in two years with the forecast, the budget is right around where it was projected to be and that he does appreciate that it is staying close to it to keep the budget balanced.

Jones also said that the only fund that is expected to be less is the public employees retirement system which is close to seven million dollars less. He said though that is due to less than expected revenue from coal taxes and trusts.

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