MEMO TO: Montana Local Governments and Local Government Auditors FROM: Local Government Services Bureau DATE: May 25, 2017 SUBJECT: New Audit Threshold Effective July 1, 2017, Senate Bill (SB) 372 revised the revenue threshold for a required audit from $500,000 to $750,000. Our legal counsel has interpreted the bill’s effective…
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Read MoreClick here to view the memo from the Montana Department of Revenue regarding Taxing Jurisdictions and TFIDs for 2015.
Read MoreThe growth factor for entitlement payments was reestablished in a bill passed by the 2011 legislature. The growth rate for cities and towns in the current fiscal year will be 3.5%. You will find the table with the adjusted entitlement payment amounts that will be made over the next four quarters to the…
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