Montana Historical Society Financial-Compliance Audit for the Two Fiscal Years Ended .. 1990

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The proceeds from the tax are statutorily appropriated in section 15-65-121, MCA. This statute allocates one percent of the money to the society "for the installation or maintenance of roadside historical signs and historic sites." Through June 30, 1990, the society received accommodations tax revenues of $134,100.
Page 6 Findings and Recommendations The society spent the money for tours of the capitol building, a historical site study commission, and historical signs as sum- marized in the fol
...lowing table. The capitol tours expenditures do not comply with section 15-65-121, MCA, which limits the society's expenditures of accommodations tax revenues to instal- lation and maintenance of roadside historical signs and historic sites.
Table 1 Society Expenditures Funded By Accommodations Tax Revenue Historic Fiscal Capitol Site Study Historic Total Year Tours Commission Signs Expended 1987-88 $14,173 $ -0- $ -0- $14,173 1988-89 16,734 -0- 1,065 17,799 1989-90 19.494 3.481 13.116 36.091 Total $ 50.401 $ 3.481 $ 14.181 $ 68.063 Source: Statewide Budgeting and Accounting System Society officials said the Governor's Office requested the society use the accommodations tax money to fund tours of the capitol building.


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