Treasure State Endowment Program
On November 15, 2012, Governor Schweitzer released his 2015 Biennium Executive Budget. Included in amended Section F of the Budget are the Governor’s recommendations to fund 25 infrastructure projects and 6 bridge projects through the Treasure State Endowment Program (TSEP), with a total appropriation of $19,342,366 for project, planning, and emergency grants during the 2015 Biennium.
Are your city's water lines leaking? Have you reached the capacity of your town's wastewater treatment plant? Do you have a bridge that has deteriorated to the point that it may have to be closed? These issues, along with other infrastructure problems, are a dilemma for local governments trying to maintain their community's vital infrastructure. Local officials, staff and engineers are encouraged to consider whether the Treasure State Endowment Program (TSEP) could help finance a local infrastructure project.
The Montana Department of Commerce's research findings, along with comments from local government officials and citizens, indicate that the principal reason why so many local public facilities are deficient is that most options for correcting deficiencies are simply not considered affordable by local residents. TSEP is a state-funded program that has been designed to help address that "affordability" problem by providing grants to lower the cost of constructing public facilities projects. The program was authorized by Montana’s voters with the passage of Legislative Referendum 110 on June 2, 1992. The law has been codified as Sections 90-6-701 through 90-6-710, MCA.
Contact information for staff:
If you have questions about the information provided on the TSEP website, please contact the Community Development Division at 406-841-2770 or e-mail DOCTSEP@mt.gov