Montana Fiscal Statistics

StatisNostics/State Financials/Montana

Generating Chart...

Filter Data by Year

20122021

Generating Chart...

State Revenue Analysis (Montana: 2012–2021)

Population: 1,005,163 → 1,068,778 (6.3% change)

Overall Revenue Trends

Total Revenue▲ 63.7%

$6,366,040,000 (2012)→$10,419,749,000 (2021)

Per Capita Revenue▲ 53.9%

$6,333 (2012)→$9,749 (2021)

Fund Balances▲ 16.9%

$7,823,707,000 (2012)→$9,145,791,000 (2021)

Revenue Volatility✓ Low

Avg. fluctuation: 7.0%

Major Tax Revenue

Property Tax▲ 30.2%

$257,189,000 (2012)→$334,759,000 (2021)

Utility Revenue

Growth Analysis

Fastest Growing Revenue Sources

Regular Highway Charges▲ 987.2%

$39,000→$424,000

Air Transportation Charges▲ 744.2%

$43,000→$363,000

Parimutuels Tax▲ 593.3%

$15,000→$104,000

Declining/Slowest Growing Sources

Local Intergovernmental Public Welfare▼ 72.5%

$7,133,000→$1,964,000

Federal Intergovernmental Employment Security Administration▼ 70.3%

$106,650,000→$31,626,000

Royalties▼ 68.1%

$64,331,000→$20,511,000

Revenue Forecast

Projected Revenue (Next Year)▲ 16.3%

Estimated: $12,121,547,584

Based on 3-year revenue trend

Revenue Composition

2012 Revenue Sources

Individual Income Tax14.1%

Federal Intergovernmental Public Welfare12.6%

Federal Intergovernmental Highways8.2%

Federal Intergovernmental Health & Hospitals6.7%

Federal Intergovernmental Education5.0%

Interest Earnings4.8%

Severance Tax4.8%

Higher Education Tuition Charges4.7%

Property Tax4.0%

Motor Fuels Sales Tax3.3%

Unemployment - Contribution2.5%

Workers Compensation - Other Contributions2.4%

Federal Intergovernmental Other2.3%

Motor Vehicle License2.2%

Corporation Net Income Tax2.1%

Federal Intergovernmental Employment Security Administration1.7%

Occupation & Business License Not Elsewhere Classified1.6%

Tobacco Sales Tax1.4%

Higher Education Auxiliary Charges1.3%

Liquor Stores Revenue1.2%

Miscellaneous General Revenue Not Elsewhere Classified1.2%

Insurance Premium Tax1.1%

Royalties1.0%

Donations From Private Sources1.0%

Federal Intergovernmental Housing & Community Development0.9%

Amusement Tax0.8%

Workers Compensation - Interest Earnings0.8%

Public Utilities Tax0.8%

All Other Not Elsewhere Classified Charges0.7%

Federal Intergovernmental Other Natural Resources0.7%

Hunting & Fishing License0.7%

Other Selective Sales Taxes0.6%

Alcoholic Beverage Sales Tax0.5%

Net Lottery Revenue0.3%

Fines & Forfeits0.2%

Federal Intergovernmental Water Utilities0.2%

Natural Resources Not Elsewhere Classified Charges0.2%

Rents0.2%

Federal Intergovernmental Transit Utilities0.2%

Other License Tax0.2%

Motor Vehicle Operators License0.1%

Local Intergovernmental Public Welfare0.1%

Other In Trust - Other Contributions0.1%

Amusement License Tax0.1%

Taxes Not Elsewhere Classified0.1%

Unemployment - Interest Revenue0.1%

Corporation License Tax0.1%

Sale of Property0.0%

Federal Intergovernmental Sewerage0.0%

Alcoholic Beverage License Tax0.0%

Hospital Charges0.0%

Parks & Recreation Charges0.0%

Education Other State Charges Not Elsewhere Classified0.0%

Housing & Community Development Charges0.0%

Local Intergovernmental Transit Utilities0.0%

Federal Intergovernmental Air Transportation0.0%

Air Transportation Charges0.0%

Regular Highway Charges0.0%

Local Intergovernmental Other0.0%

Parimutuels Tax0.0%

Public Utility License Tax0.0%

Local Intergovernmental Education0.0%

Other In Trust - Interest Revenue0.0%

Death & Gift Tax0.0%

2021 Revenue Sources

Federal Intergovernmental Public Welfare19.5%

Individual Income Tax18.1%

Federal Intergovernmental Health & Hospitals16.6%

Federal Intergovernmental Highways5.3%

Federal Intergovernmental Education4.2%

Higher Education Tuition Charges3.3%

Property Tax3.2%

Motor Fuels Sales Tax2.6%

Corporation Net Income Tax2.6%

Motor Vehicle License1.8%

Occupation & Business License Not Elsewhere Classified1.7%

Federal Intergovernmental Other1.7%

Interest Earnings1.4%

Miscellaneous General Revenue Not Elsewhere Classified1.4%

Insurance Premium Tax1.3%

Liquor Stores Revenue1.3%

Severance Tax1.3%

Workers Compensation - Other Contributions1.2%

Amusement Tax1.1%

Unemployment - Contribution1.1%

Higher Education Auxiliary Charges0.8%

Other Selective Sales Taxes0.7%

Hunting & Fishing License0.7%

Federal Intergovernmental Housing & Community Development0.7%

Tobacco Sales Tax0.7%

Federal Intergovernmental Other Natural Resources0.7%

Donations From Private Sources0.7%

Workers Compensation - Interest Earnings0.6%

Natural Resources Not Elsewhere Classified Charges0.5%

Alcoholic Beverage Sales Tax0.4%

Public Utilities Tax0.4%

All Other Not Elsewhere Classified Charges0.4%

Federal Intergovernmental Employment Security Administration0.3%

Royalties0.2%

Net Lottery Revenue0.2%

Other License Tax0.2%

Sale of Property0.1%

Federal Intergovernmental Sewerage0.1%

Federal Intergovernmental Transit Utilities0.1%

Motor Vehicle Operators License0.1%

Unemployment - Interest Revenue0.1%

Corporation License Tax0.1%

Federal Intergovernmental Water Utilities0.1%

Fines & Forfeits0.1%

Taxes Not Elsewhere Classified0.1%

Amusement License Tax0.0%

Alcoholic Beverage License Tax0.0%

Housing & Community Development Charges0.0%

Local Intergovernmental Public Welfare0.0%

Parks & Recreation Charges0.0%

Hospital Charges0.0%

Education Other State Charges Not Elsewhere Classified0.0%

Federal Intergovernmental Air Transportation0.0%

Local Intergovernmental Transit Utilities0.0%

Regular Highway Charges0.0%

Air Transportation Charges0.0%

Parimutuels Tax0.0%

Public Utility License Tax0.0%

Key Insights

1Total revenue increased by 63.7% from 2012 to 2021, representing a significant change in the state's financial position.
2Population changed by 6.3%, while per-capita revenue changed by 53.9%.

Generating Chart...

State Expense Analysis (Montana: 2012 - 2021)

Total Expenditure Trends

Operating Expenditures▲ 29%

$2,538,909,000→$3,282,299,000

Per Capita Spending▲ 22%

$2,526→$3,071

Population Trends

Population Change▲ 6.3%

1,005,163 (2012)→1,068,778 (2021)

Public Safety Expenses

Police Protection▲ 4%

$0 (2012)→$0 (2021)

Fire Protection▼ 0%

$0 (2012)→$0 (2021)

Infrastructure Expenses

Highways Maintenance▼ 3%

$0 (2012)→$0 (2021)

Sewerage Operations▼ 0%

$0 (2012)→$0 (2021)

Administrative Expenses

Financial Administration▲ 46%

$0 (2012)→$0 (2021)

General Expenses▲ 17%

$0 (2012)→$0 (2021)

Generating Chart...

State Debt Analysis (2012-2021)

Debt Trends

Total Long-Term Debt▼ 6%

$671,628,000 (2012)→$634,200,000 (2021)

Industrial Revenue Debt▼ 40%

$3,323,413,000 (2012)→$1,988,083,000 (2021)

Per Capita Debt▼ 11%

$668 (2012)→$593 (2021)

Population Trends

Population Change▲ 6.3%

1,005,163 (2012)→1,068,778 (2021)

Debt Management

Most Recent Year (2021)

Issued:$44,242,000

Retired:$91,869,000

Net Change:$-47,627,000

Debt Retirement Trend

$90,636,000 → $91,869,000▲ 1%