March 14, 2024

• Agenda
  • 2025 Biennium Quarterly Financial Overview Report
  • Budget Amendment Report
  • Update on Debt Free Status (OBPP, March 8, 2024)
  • Budget Changes Memo, OBPP
  • State Information Technology Services Division
    • CIO Report Q2 FY24
    • Project Portfolio Summary Q2 FY24
    • IT Project Portfolio Summary Q2 FY24
      • State of Montana IT Projects Dashboard
    • Delegated Authority Report Q2 FY24
    • Medicaid Enterprise Systems Program Level Report & Funding Timeline
  • Retirement System Overview (Elizabeth Wiley, Cheiron)
  • State Pension Funding and Models for Success (Pew Presentation to SAVA & LFC)
  • Montana Pension Sustainability Fact Sheet (Draft)

January 9, 2024

• Agenda
  • State Auditor's Office
    • ​​​​​​​Request for Fiscal Year Transfer (Office of Budget & Program Planning)
    • Supplemental Request Memo
    • Proposed Transfer (Legislative Services Division, Legal)
    • CSI Legal Analysis Memo
  • Future Meeting Date Summary

December 14, 2023

• Agenda
  • 2025 Biennium Budget Quarterly Financial Overview Report
  • Budget Amendment Report (December 2023)
  • OBPP Budget Changes Memo
  • Property Tax Tool Updates & Further Analysis
    • Property Tax Data Tool Training Part 1
    • Property Tax Data Tool Training Part 2
  • State Information Technology Systems Division (SITSD)
    • SITSD Project Portfolio Summary Q1 FY24
    • SITSD CIO Report Q1 FY24
    • SITSD IT Project Portfolio Quarterly Report (December 2023)
  • Pension Systems
    • Teachers' Retirement System Actuarial Valuation Presentation
      • TRS Actuarial Valuation Results (as of July 1, 2023)
    • MPERA Actuarial Valuation Presentation (Montana Public Employee Retirement Administration)
      • ​​​​​​​MPERA Actuarial Valuation Results (as of July 1, 2023)

September 14, 2023

• Agenda
  • Fiscal Report: Statewide Perspectives
  • FYE 2023 Report Overview
  • Federal COVID/IIJA Funding Summary Report
  • Budget Amendment Report
  • OBPP Budget Amendment Memo
  • State Information Technology Services Division
    • CIO Report FY23 Q4
    • Project Portfolio Summary FY23 Q4
    • Montana IT Projects Reported to LFC
  • LFC Workplan

June 16, 2023

• Agenda
  • LFD Web Statistics Memo (2023 Session)
  • Budget Amendments Report (September 2022 - May 31, 2023)
  • OBPP Budget Modifications Memo
  • IT Project Portfolio Quarterly Report (June 2023)
  • IT Project Portfolio Dashboard
  • CIO Report Q3 (SITSD, January 1 - March 30, 2023)
  • Miles City Data Center Q&A

May 19, 2023

• Agenda
  • Role of the LFC
  • Proposed Rules for LFC
    • Adopted Rules for LFC (adopted May 19, 2023)

LFC REQUIRED REPORTS

• March 2024
  • Office of Public Instruction
    • OPI Data Modernization Legislative Report (February 2024)
• January 2024
  • Montana University System
    • HB 946 Report
• December 2023
  • Office of Public Instruction
    • OPI Data Modernization Legislative Report (December 2023)
• September, 2023
  • 5-12-208 MCA Grant Reporting
    • Department of Agriculture
  • Department of Administration
    • Encumbrance Extensions FY 23
    • Enterprise & Internal Service Funds FY23
    • Inter-Entity Loan Report FYE 23
  • Department of Public Health & Human Services
    • Agency Memo HB 424 Reporting 2023
    • Agency Memo HB 424 Reporting 2021
  • Department of Transportation
    • HB 283 Grant Reporting FY23
  • Montana University System
    • Inter-Entity Loans FY23
    • Inter-Entity Loans & Negative Fund Balance FY23
  • Office of Budget & Program Planning
    • Excess Cash Memo (FY 2023)
    • Excess Fund Balance Report (FYE 2023)
    • HB 146 Annual Report (FYE 2023)
    • HB 251 Quarterly Report (Q4, FY 2023)
    • Public Service Announcements Memo (FYE 2023)
    • Public Service Announcements Compiled Data (FYE 2023)
  • Office of Public Instruction
    • Data Modernization Status & Overview Report
    • HB 283 Legislative Data 2023
• June, 2023
  • OPI Data Modernization Legislative Report

QUARTERLY CLAIM REPORTS

• Quarter Ending March 31, 2024
  • Department of Administration
  • Department of Natural Resources & Conservation
  • Department of Transportation
  • Secretary of State
  • State Auditor's Office
  • Teacher's Retirement System
• Quarter Ending December 31, 2023
  • Department of Natural Resources & Conservation
  • Department of Transportation
  • Secretary of State
  • State Auditor's Office
  • Teacher's Retirement System
• Quarter Ending September 30, 2023
  • Department of Administration
  • Department of Justice
  • Department of Natural Resources & Conservation
  • Department of Public Health & Human Services
  • Department of Transportation
    • Department of Transportation Claims Report Letter
  • Montana State Fund
  • Office of Public Defender
  • Secretary of State
  • State Auditor's Office
  • Teacher's Retirement System
• Quarter Ending June 30, 2023
  • Department of Administration
  • Department of Natural Resources & Conservation
  • Department of Public Health & Human Services
  • Department of Transportation
  • Montana State Fund
  • Office of Public Defender
  • State Auditor's Office
  • Secretary of State
  • Teacher's Retirement System

Legislative Finance Committee 2023 Biennium

December 14, 2023
Minutes

September 12, 2023
Minutes

June 16, 2023
Minutes

May 19, 2023
Minutes

» Submit Public Comment

April 9, 2024
Rita Docken, Taxation of Social Security

June 18, 2023​​​​​​​
​​​​​​​ James Reavis, HB 845

Committee Members

• Rep Terry Falk
• Rep Eric Matthews
• Rep Llew Jones
• Rep David Bedey
• Rep Mary Caferro
• Rep Jim Hamilton
• Senator Tom McGillvray
• Senator Janet Ellis
• Senator Christopher Pope
• Senator Shane Morigeau
• Senator Carl Glimm
• Senator John Esp

Ex Officio

• Rep Terry Moore
• Rep Bob Keenan
• Rep Jerry Schillinger
• Rep Bill Mercer
• Rep Mike Hopkins

The Legislative Finance Committee (LFC) is a permanent joint administrative committee of the Montana Legislature. Administrative committees are created by state law to manage the administrative functions of the Legislative Branch; the LFC oversees the Legislative Fiscal Division.

The LFC meets during the interim between sessions to review fiscal issues. Meeting agendas, minutes, and reports will be added to this website as they become available.

To find out how vacancies are filled, what the powers and duties of the committee are, and other details associated with the LFC, see the Montana Code Annotated, Title 5, Chapter 12, Part 2.