Understanding State Finances And the Budgeting Process : a Reference Manual for Legislators 2004
Understanding State Finances And the Budgeting Process : a Reference Manual for Legislators 2004
Montana. Legislative Fiscal Division
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The state must usu- ally provide matching funds or maintain a certain level of expenditure ° Highways - federal funds from federal fuel taxes are pro- vided to the state for certain types of highway construction and other highway-related expenses. The state must match construction funds primarily on an 87 percent federal/13 per- cent state fund basis; federal funds cannot be used for certain purposes This category includes what used to be called expendable trust funds, which are used to account... for assets held by the state in a trustee ca- pacity, in which the trust principal and earnings may be expended. Examples of expendable trusts include the Unemployment Insurance Trust Fund, private donations to the School for the Deaf and Blind, and the Historical Society General Trust. A Reference Manual For Legislators 26 Other Legislation With Fiscal Impacts Fiscal Kore Request, EIBC)(341, as inLa^JuLtd Pase2 FISCAL IMPACT: FTE EKpenditLtres: Peraonal Ser^'ices Operating E?tpefises Equiprtl«tl[ TOTAL Funditi(^: $tale Special Rev^Lie (02) Revenues: State Special Revenue iQl) This section provides a detailed listing of tile increases in expenditures, by first levei expenditure type and number of new employees.
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