Announcement: Premium Content sections will only be available to subscribers as of June 1, 2013. If you are a subscriber please register for the site. Once you register for the site use the Change My Status link from the Premium Content menu to make sure we get your user status correct. If you are not a subscriber, you can become a subscriber for just $29 per year!
While unemployment benefit payments more than doubled in two years, the amount of fraud uncovered by the state rose just slightly.
The state has two full-time investigators, and there were 130,000 claims filed for unemployment benefits in Fiscal Year 2010, according to Unemployment Insurance Division Administrator Roy Mulvaney. That’s up from 113,500 total claims filed in Fiscal Year 2009.
Research conducted at Montana State University last summer has implications for cancer treatment and has been published in a major scientific journal.
The team that published its findings in a recent issue of the Journal of Cell Science included two undergraduate students, Dana van der Heide and Kristin Comstock, said Ed Schmidt, leader of the project in MSU’s Department of Veterinary Molecular Biology. He added that it’s unusual for undergraduates to co-author articles that run in scientific journals.
More Republicans than Democrats are ineligible to run for re-election for seats in the Montana state Senate and House of Representatives this November because of term limits, according to a review of the Secretary of State’s website.
Ten Republicans cannot seek another term, compared to five Democrats in the 50-seat Senate.
As state budget cuts look to be a certainty next year, an even slower economic recovery in Montana than originally projected might mean a strike of state government employees. There’s at least “a higher probability” of a strike, said economist Paul Polzin at last week’s Economic Outlook program in Billings, in response to an audience question.
Polzin noted that the last time the state faced a potential strike was in 1990.
Gov. Brian Schweitzer says he once asked state Revenue Director Dan Bucks if there was a way to collect more tax revenue without raising taxes.
Now, the governor said Montana had its most successful year ever as audit collections hit $78.3 million in fiscal year 2010.
By Phil Drake
The BP oil spill in the Gulf Coast has wreaked not only environmental but financial havoc since it began April 20. But as other states investing in the oil giant have lost money, the state of Montana’s investment system managed to make $92,000, an official said this week.
“Our external managers began buying and selling BP stocks since the oil leak and actually made a profit,” said Carroll South, executive director of the Montana Board of Investments, which is authorized to invest the state’s funds, including all state and local pension funds.
The Big Sky Business Journal
P.O. Box 3262
Billings, MT 59103