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Newspaper
The Montana Standard
Location
Butte, Montana, United States of America
Date
Jun 12, 1972
Page
2
State welfare surplus may add up to one million dollars in new welfare costs, signaling potential strain on the general fund. Arthur Hutchinson reports from the Standard State Bureau.
Montana's general fund shows a modest end-of-year surplus as receipts through May exceed the legislative estimate by about 2.3 million dollars. Personal income tax deliveries reached 56.4 million, aided by a 27.3 percent rate increase and growth factor. transfers from liquor profits and building bonds bolster the fund while some federal reimbursements and severance taxes falter.
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