- Associated Press - Saturday, November 1, 2014

HELENA, Mont. (AP) - Governor Steve Bullock says ratepayers in three Montana cities will save roughly $6.8 million in interest payments on loans for water system improvements.

Bullock earlier this year reduced interest rates for long-term and construction loans issued through a state program.

The Democratic governor said in a statement released by his office that Butte, Roundup and Bigfork are the latest communities to benefit from the change.

The State Revolving Fund loan program was created to help cities and towns expand drinking water and sewage facilities at the lowest possible cost. It’s administered by the Department of Natural Resources and Conservation and the Department of Environmental Quality.

LOAD COMMENTS ()

 

Click to Read More

Click to Hide