Final Report 1984

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-0- 36. Create statutory authority for county governments to have a single capital improvement fund that can be used for facility types not covered by user fees.
37. Recommendations for An Interim Commission -?- The issues surrounding local government State Funds and Infrastructure are complex. The above recommendations are only the beginning of the changes necessary to remove unnecessary barriers that add to the costs of local public facilities or prevent our local officials from acting altoge
...ther. A complete renovation of Montana's statutes governing local financing, revenue and capital improvement authority must be undertaken. To this end, an Interim Commission on Infrastructure must be Instituted to Include representation from the legislature, the administration, local governments and private sector groups. The Commission must have a budget of adequate size to assure that the following topics receive thorough research and analysis: I 23 a. Comprehensive review of local bond legislation, with the intent of recodifying into three sections: revenue, general obligation and special districts; also statutes governing the amortiz- ation of bond issues should be changed to allow local governments flexibility In structuring the most suitable financing package.

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