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U.S. State41st State • November 8, 1889
Montana MT
"Big Sky Country"
The fourth-largest state in the nation and one of the least populated, a land of glaciers, grizzlies, copper kings, and an unbroken horizon that earns its nickname with every sunrise.
Montana state finances at a glance
State Debt - FY2024
$2.8 billion
Total state government debt outstanding at the close of fiscal 2024, including long-term bonds and short-term borrowing across state agencies and public universities.
Tax Revenue - FY2024
$4.7 billion
Total Montana state tax collections in fiscal 2024. Montana has no general sales tax, so collections are led by the individual income tax ($2.3B), followed by property and corporate income taxes.
Borrowing
Montana issues general obligation bonds backed by its full faith and credit and revenue bonds tied to specific programs such as water and coal-severance projects, sold to investors in the municipal market. The state's tax-supported debt is low. The state reported about $139 million in interest on its debt in fiscal 2024.
Source: U.S. Census Bureau, 2024 Annual Survey of State Government Finances.
1.1M
Population
41st
State (1889)
4th
Largest by Area
700+
Miles Glacier Trails